4 ms·

Doesn’t look like this is just an index fund situation. >ownership in a mutual or common investment fund that holds securities is not a “financial interest” in

Doesn’t look like this is just an index fund situation. >ownership in a mutual or common investment fund that holds securities is not a “financial interest” in such securities unless the judge participates in the management of the fund https://www.uscourts.gov/judges-judgeships/code-conduct-united-states-judges https://www.uscourts.gov/judges-judgeships/code-conduct-unit...

marcinzm 5y ago
They could have someone managing their portfolio that basically does the same strategy as a mutual fund but technically isn't one. Unless they paid attention they wouldn't know what was being invested in at any given point in time.
- sigzero 5y ago
  This happens a lot and probably much more than people realize.
- beervirus 5y ago
  That is very possible, and I’d say the most likely answer here. It still doesn’t look great, but it’s not the kind of thing you’d expect to compromise the judge’s impartiality.