Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
California coastal regulator fined for conflict of interest in SeaWorld case
Source: Reuters
World | Thu Apr 21, 2016 7:53pm EDT
California coastal regulator fined for conflict of interest in SeaWorld case
SACRAMENTO, CALIF. | BY SHARON BERNSTEIN
A member of the regulatory commission that controls coastal development in California was fined by the state's ethics watchdog on Thursday for voting on an expansion of SeaWorld's San Diego theme park while his wife owned stock in the company.
Gregory Cox, who is also a longtime member of the San Diego County Board of Supervisors, said in a statement Thursday he did not know that his wife had purchased 500 shares of SeaWorld stock in January of 2015 for her personal retirement account, according to the California Fair Political Practices Commission.
"When I discovered the purchase, the stock was sold and the facts were reported," Cox said. "Both my wife and I deeply regret the oversight."
About three months after Cheryl Cox bought the stock for $8,679, SeaWorld filed an application with the California Coastal Commission to expand a facility at which captive orcas, or killer whales, are held and shown to the public.
[font size=1]-snip-[/font]
California coastal regulator fined for conflict of interest in SeaWorld case
SACRAMENTO, CALIF. | BY SHARON BERNSTEIN
A member of the regulatory commission that controls coastal development in California was fined by the state's ethics watchdog on Thursday for voting on an expansion of SeaWorld's San Diego theme park while his wife owned stock in the company.
Gregory Cox, who is also a longtime member of the San Diego County Board of Supervisors, said in a statement Thursday he did not know that his wife had purchased 500 shares of SeaWorld stock in January of 2015 for her personal retirement account, according to the California Fair Political Practices Commission.
"When I discovered the purchase, the stock was sold and the facts were reported," Cox said. "Both my wife and I deeply regret the oversight."
About three months after Cheryl Cox bought the stock for $8,679, SeaWorld filed an application with the California Coastal Commission to expand a facility at which captive orcas, or killer whales, are held and shown to the public.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/us-seaworld-ethics-idUSKCN0XI2ZT
