The Nebraska Investment Council Investment Policies provide the framework for the management of the investments by the Council.
Neb. Rev. Stat. § 84-901.03(2): This guidance document is advisory in nature but is binding on an agency until amended by such agency. A guidance document does not include internal procedural documents that only affect the internal operations of the agency and does not impose additional requirements or penalties on regulated parties or include confidential information or rules and regulations made in accordance with the Administrative Procedures Act. If you believe that this guidance document imposes additional requirements or penalties on regulated parties, you may request a review of the document.
Notice to Political Subdivisions
Neb. Rev. Stat. § 77-2341(1) requires the Council to furnish political subdivisions on request "current authorized investment guidelines," all of which are listed below. The Council does not maintain an investment policy for political subdivisions. Political subdivisions should consult with their legal counsel in determining what investments they are permitted to make under Nebraska law. See, for example, Article XI of the Nebraska Constitution regarding limitations on investments, and Neb. Op. Atty' Gen. No. 05006 (March 8, 2005).
Governance Policies including:
- Statement of Investment Philosophy
- Relationships and Responsibilities
- Code of Ethics, Policy on Conflicts of Interest
- Council Procedures
- Fiduciary Management of Risk
- Advocacy
- Committees of the Council
Administrative Policies including:
- Placement Agents
- Commission Recapture
- Soft Dollar/Brokerage
- Proxy Voting
- Derivatives
- Securities Lending
- Securities Litigation
Time Deposit Open Account Program (TDOA) - the rule can be found on Nebraska Secretary of State's website click here.