Item - 2023.IB5.6

Tracking Status

This item was considered by Toronto Investment Board on December 11, 2023 and was adopted without amendment.

IB5.6 - Personal Trading Policy - Toronto Investment Board

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Board Decision

The Toronto Investment Board:

1. Adopted the Personal Trading Policy for Board Members as described in Attachment 1 to the report (November 22, 2023) from the Director, Capital Markets.

Origin

(November 22, 2023) Report from the Director, Capital Markets

Summary

The Toronto Investment Board (Board) is required to review the Personal Trading Policy every two years. The Policy was last reviewed in 2021 and is due for review.

There are no changes recommended by staff to the Policy at this time. As such, it is recommended that the Board adopt the Personal Trading Policy as described in Attachment 1 to this report.

Board members will also be asked to sign the Annual Compliance Statement (Attachment 2) of this report once the policy is adopted.

Background Information

(November 22, 2023) Report from the Director, Capital Markets on Personal Trading Policy - Toronto Investment Board
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241075.pdf
Attachment 1 - Toronto Investment Board Personal Trading Policy For Board Members
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241076.pdf
Attachment 2 - Personal Trading Policy - Annual Compliance Statement
https://www.toronto.ca/legdocs/mmis/2023/ib/bgrd/backgroundfile-241077.pdf

Motions

1 - Motion to Adopt Item moved by Stephen Conforti (Carried)