Does anyone else consider the subject matter of a recent July 6th HSV Voice article entitled “Finance Committee to consider various investment options” concerning? …Bernie Madoff was a broker-dealer! The problem with supposed protections subsequently enacted by the SEC regarding broker-dealers is that they depend on the honesty of each broker-dealer and their accountant. Could I be correct in vaguely remembering learning somewhere something like our organization is not allowed to jeopardize our reserves by deliberately exposing them to the financial markets, but rather required to hold them as safely as possible?
Mrs. Katherine Miller
Click here to read, “Finance committee to consider investment options.”
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Hot Springs Village Investment Policy pages 100-101 (Approved 7-15-20)Hot-Springs-Village-Investment-Policy-pgs-100-to-101-Policy-Guide
Hot Springs Village Investment Policy (5-19-04)AR-HSV-POA-Policy-Guide-revised-5-19-04
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