Treasurer Magaziner's "Transparent Treasury" Policy to Become Law

September 20, 2017: Rhode Island Treasurer Seth Magaziner today applauded the General Assembly's passage of legislation which will create a legal requirement to maintain the "Transparent Treasury" investment policy he implemented just months after taking office in 2015, which requires investment managers to publicly report fees and performance.

"Transparency is essential to good government," said Treasurer Magaziner. "As Treasurer, I take the seriously my obligation to set a high standard of reporting that publicly discloses investment performance and fees. I commend the General Assembly for codifying my "Transparent Treasury" policy, which will now be in place beyond my administration."

You can read the press release here.