The Oregon Government Ethics Commission will send letters of reprimand to three Oregon State Treasury investment officers.
The Oregon Government Ethics Commission will send letters of reprimand to three Oregon State Treasury investment officers.
The decision is a middle course between dismissing complaints against them or concluding that they violated state ethics law.
A majority of the commission voted for the reprimands as a way to signal their displeasure with how the treasury in the past applied the law to travel expenses of the investment officers — policies that state Treasurer Ted Wheeler is in the process of changing.
But if the commission had found legal violations, which could have resulted in maximum penalties of $5,000 on each count, the officers could have challenged the findings in a more formal contested-case hearing — or in the state appellate courts.
“I wanted this to end,” said Larry Campbell of Eugene, a commission member and former legislator.
Read more at StatesmanJournal.com.
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