(1) In addition to the statement required by ORS § 244.050, the State Treasurer and any person listed under ORS § 244.050 (1)(r) and subsection (5) of this section shall file at a time fixed by the State Treasurer a quarterly statement of investment activity that shall include all securities transactions and holdings. The contents of the statement shall be established by policy by the State Treasurer and must:

Terms Used In Oregon Statutes 244.055

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100

(a) Represent best practices for state investment funds; and

(b) Require disclosure comparable in scope to the disclosure required for investment advisers under federal law, including the Investment Advisers Act of 1940, 15 U.S.C. §§ 80b-1 et seq. and 17 C.F.R. § 275.204A-1.

(2) The statement required by subsection (1) of this section shall be filed for review with the State Treasurer, the Attorney General and the Division of Audits of the office of the Secretary of State. The content of the statement is confidential.

(3) If the State Treasurer or the Deputy State Treasurer determines that a conflict of interest exists for an officer or employee, the State Treasurer shall subject the person to appropriate discipline, including dismissal or termination of the contract, or both, pursuant to rule. If the State Treasurer has cause to believe that a violation of this chapter has occurred, the State Treasurer shall file a complaint with the Oregon Government Ethics Commission under ORS § 244.260.

(4) If the State Treasurer fails to act on an apparent conflict of interest under subsection (3) of this section or if the statement of the State Treasurer or the Deputy State Treasurer appears to contain a conflict of interest, the Director of the Division of Audits shall report the failure or apparent conflict to the Attorney General, who may file a complaint with the commission.

(5) In addition to the State Treasurer and any person listed under ORS § 244.050 (1)(r), the following persons employed within the office of the State Treasurer must file the statement required under this section:

(a) Debt Management Director;

(b) Finance Division Director;

(c) Chief Operating Officer;

(d) Every member of the Investment Division;

(e) Communications Director;

(f) Legislative Director;

(g) Chief Audit Executive;

(h) Senior Internal Auditor;

(i) Senior Internal Investment Auditor;

(j) Debt Management Division Deputy Director;

(k) Information Services Director;

(L) Finance Division Deputy Director;

(m) Chief Administrative Officer;

(n) Banking Operations Manager;

(o) Every member of the Legal and Compliance Division; and

(p) Any other person employed in the office of the State Treasurer identified by the State Treasurer by policy. [1993 c.743 § 26; 2007 c.865 § 29; 2011 c.68 § 5; 2015 c.620 § 10; 2023 c.36 § 1]

 

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