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HomeMy WebLinkAbout89-013 CrisciDear Mr. Crisci: 1989. I. Issue: STATE ETHICS COMMISSION 308 FINANCE BUILDING HARRISBURG, PENNSYLVANIA 17120 OPINION OF THE COMMISSION Before: Helena G. Hughes, Chair W. Thomas Andrews G. Sieber Pancoast Dennis C. Harrington Michael J. Washo Date Decided: July 28, 1989 Date Mailed: August 8. 1989 Raymond L. Crisci 89 -013 Resident Manager and Vice President Merrill Lynch Wilkes -Barre Center, Suite 402 39 Public Square Wilkes - Barre, Pennsylvania 18701 Re: Conflict, Public Official, Municipal Authority Member, Brokerage Firm Manager, City Pension Fund, Authority Employee Voting As City Mayor to Award City Pension Fund, Business With Which He is Associated This Opinion is issued in response to your request of June 16, Whether the Public Official and Public Employee Ethics Law restricts an uncompensated member of a municipal authority who is a manager of a brokerage firm from prospecting city officials as to the firm's becoming custodian for the city pension fund when an employee of the municipal authority is the city mayor who will vote on the award to a custodian. II. Factual Basis for Determination: You serve as a member of the Wyoming Valley Sanitary Authority. You also are the Manager of the Merrill Lynch Office in Wilkes -Barre wherein you have full management responsibility,for 22 employees. The firm has approximately 15,000 clients with accompanying assets of approximately 4 hundred million dollars. In addition, you and an associate, Peter Butera, CPA, have approximately 2600 personal clients with over 110 million in assets. You and your associate are Raymond L. Crisci Page 2 currently prospecting officials in the city of Pittston to have Merrill Lynch become the custodian and manager of the City Uniformed Pension Fund which is currently being managed by a local bank. As Chairman of the 20 member board of the Wyoming Valley Sanitary Authority you do not vote unless there is a tie. You have not made any motions in the two years that you have held the position as Chairman. The City of Pittston is a third class city with an elected mayor and four council members who will vote on the possible change in management for the city pension fund. The Mayor of Pittston is Thomas Walsh who is a plumber by trade and was hired by the Wyoming Sanitary Authority in January of 1989 as a temporary paid maintenance employee. In your capacity as Chairman you did not vote on the hiring of Mr. Walsh although you agree with it. You state that your first responsibility is to Merrill Lynch to try to obtain new accounts rather than to the Wyoming Valley Sanitary Authority wherein you serve in a volunteer uncompensated capacity. If Merrill Lynch is successful in becoming custodian and broker of record, Merrill Lynch directly and you indirectly would share in the financial compensation for this account. The four members of Council of Pittston and the Mayor will be the five individuals who will vote and make this decision as to whether Merrill Lynch will become custodian for the city pension fund. After expressing your feeling that you are not using office or confidential information to obtain business for Merrill Lynch, you request the advice of this Commission. III. Discussion: As Chairman of the Wyoming Valley Sanitary Authority, you are a public official as that term is defined under the Public Official and Employee Ethics Law of June 26, 1989, Act 9 of 1989. Accordingly, you are subject to the provisions of the Ethics Law and the restrictions therein are applicable to you. Section 3(a) of the Ethics Law provides: Section 3. Restricted Activities. (a) No public official or public employee shall engage in conduct that constitutes a conflict of interest. The following terms are defined under the Ethics Law: Section 2. Definitions. "Conflict or conflict of interest." Use by a public official or public employee of the authority of his office or employment or any confidential information received through his holding public office or employment for the Raymond L. Crisci Page 3 private pecuniary benefit of himself, a member of his immediate family or a business with which he or a member of his immediate family is associated. "Conflict" or "conflict of interest" does not include an action having a de minimis economic impact or which affects to the same degree a class consisting of the general public or a subclass consisting of an industry, occupation or other group which includes the public official or public employee, a member or his immediate family or a business with which he or a member of his immediate family is associated. "Authority of office or employment." The actual power provided by law, the exercise of which is necessary to the performance of duties and responsibilities unique to a particular public office or position of public employment. "Business with which he is associated." Any business in which the person or a member of the person's immediate family is a director, officer, owner, employee or has a financial interest. The clear intendment of Section 3(a) of the Ethics Law is to prohibit public officials /employees from using the authority of office for the advancement of their own personal financial gain. As is noted in the Preamble of the Ethics Law: "... public office is public trust and ... any effort to realize personal financial gain through public office other than compensation provided by law is a violation of that trust." In addition, Sections 3(b) and 3(c) of the Ethics Law provide in part that no person shall offer to a public official /employee anything of monetary value or no public official /employee shall solicit or accept any thing of monetary value based upon the understanding that the vote, official action, or judgement of the public official /employee would be influenced thereby. It is assumed that you, as Chairman of the Authority, have not attempted to exert influence on Mr. Walsh in his capacity as authority employee regarding the matter of the City Pension Fund. In applying the above provisions of the Ethics Law to the instant matter, our concern must focus upon whether you as Chairman of the Authority might use the authority of office for the benefit of the Authority employee who in turn might look favorably as to his voting, as Mayor, on the proposal by the business with which you are Raymond L. Crisci Page 4 associated. Clearly, Merrill Lynch is a business with which you are associated since you are employed by that firm as a Manager. Since you have stated that you did not hire Mr. Walsh, it does not appear that you used the authority of office in employing Mr. Walsh as Authority employee. As to your prospecting the officials of the City of Pittston on behalf of Merrill Lynch, you would be requesting the members of Council and in particular Mr. Walsh, the Mayor who is also an employee of the Authority, to allow Merrill Lynch to become custodian and manager of the city pension fund. Our concern relates to the possibility that such prospecting on your part might influence the Mayor /Authority employee to vote to award the management of the City pension fund to Merrill Lynch because you, as Authority Chairman, and the other Authority members are his employer. In order to alleviate this problem, it will be necessary for you to inform Mr. Walsh in your prospecting that you as Authority Chairman will abstain from participation in any Authority matter which would have a financial impact upon him if Merrill Lynch becomes custodian and manager of the City pension fund. Further, in the event that Merrill Lynch becomes custodian and manager of the City Pension Fund, then you as Chairman of the Authority must publicly announce and disclose of public record the nature of your interest in a written memorandum filed with the secretary of the Authority pursuant to the requirements of Section 3(j) of the Ethics Law. You must also outline, in said memorandum, the fact that you will not be participating in any matter involving Mr. Walsh as an authority employee. Additionally, you have advised this Commission specifically and most directly that your first loyalty is to your private employer and not the governmental body on which you serve or the public. This is at odds with the stated purpose of the Ethics Law. With this line now clearly marked, we feel obligated to advise you in the clearest language possible that you must exercise the utmost caution in any action that you take that may be at variance with the provisions of the Law. Also, it is specifically noted herein that we do not now address any issue regarding the contemplated activities of Mr. Walsh as the City Mayor and this opinion is not to be construed as such. Therefore, under the above facts and circumstances, Section 3(a) of the Ethics Act would not restrict you as Chairman of the Authority from pursuing the private endeavor as Manager of Merrill Lynch as to prospecting the officials of the City of Pittston to have Merrill Lynch become custodian and manager of the City Uniformed Pension Fund, subject to the qualifications noted above. Lastly, the propriety of the proposed conduct has only been addressed under the Ethics Law; the applicability of any other statute, code, ordinance, regulation or other code of conduct other Raymond L. Crisci Page 5 than the Ethics Act has not been considered in that they do not involve an interpretation of the Ethics Law. IV. Conclusions As Chairman of the Wyoming Valley Sanitary Authority you are a public official subject to the provisions of the Public Official and Employee Ethics Law. The Ethics Law would not restrict you as a public official from engaging in private enterprise in your capacity of Manager for Merrill Lynch from prospecting officials of the City of Pittston to have Merrill Lynch become custodian and manager of the City Uniformed Pension Fund under circumstances where an Authority employee is the Mayor of the City who will vote to determine whether Merrill Lynch's proposal is acceptable. You must inform the Mayor that you, as Authority Chairman, will abstain from participating in any Authority matter which will have a financial impact upon him as Authority employee if Merrill Lynch becomes custodian and manager of the city pension fund. If Merrill Lynch is successful in becoming custodian and manager of the Fund, you must publicly announce and disclose the nature of your interest as to the Fund in a written memorandum with the secretary of the Authority. Lastly, the propriety of the proposed conduct has only been addressed under the Ethics Law. Pursuant to Section 7(9)(i), this Opinion is a complete defense in any enforcement proceeding initiated by the Commission, and evidence of good faith conduct in any civil or criminal proceeding, providing the requestor has disclosed truthfully all the material facts and committed the acts complained of in reliance of the evidence of the advice given. such. This letter is a public record and will be made available as Finally, any person may request the Commission to reconsider its Opinion. The reconsideration request must be received at this Commission within fifteen days of the mailing date of this Opinion. The person requesting reconsideration should present a detailed explanation setting forth the reasons why the Opinion requires reconsideration. By th Commissi n, 1 ena G. Hughes hair