public trust. since the founding this has remained vital underpinning of our democracy and informed periodic reforms to address shortcomings in standards of conduct for public officials. for example, this week marked the tenth anniversary of the enactment of the stock act. that measure which president obama signed into law on april 4, 2012, amended the ethics in government act of 1978. impose new financial disclosure requirements among other provisions. overwhelming bipartisan majorities decided then that the existing statutory framework to combat government corruption, improve financial disclosure and transparency, and curb financial conflict of interest in government had to be strengthened, or as the founders might put it, that more effectual for cautions were necessary to keep our public officials virtuous. while they continue to hold a public trust. accordingly, the stock act enhanced public disclosure requirements by introducing a a requirement to report securities trans
from 2012. this is a little more than two hours. for all of us for fortunate to work in public service, i guiding principle should be that a public office is a public trust. without the public s trust and confidence, government loses its legitimacy. that principle was paramount importance to the founders to as a federalist papers put it, the aim of the political constitution is or ought to be first to obtain for rulers, men who possess, i i would add won as well, most wisdom to discern and most virtue to pursue the common good of the society. and then the next place to take the most effectual precautions for keeping them virtuous while they continue to hold their public trust. since the founding this has remained vital underpinning of our democracy and informed periodic reforms to address shortcomings in standards of conduct for public officials. for example, this week marked the tenth anniversary of the enactment of the stock act. that measure which president obama signed
a public office is a public trust. without the public s trust and confidence, government loses its legitimacy. that principle was paramount importance to the founders to as a federalist papers put it, the aim of the political constitution is or ought to be first to obtain for rulers, men who possess, i i would add won as well, most wisdom to discern and most virtue to pursue the common good of the society. and then the next place to take the most effectual precautions for keeping them virtuous while they continue to hold their public trust. since the founding this has remained vital underpinning of our democracy and informed periodic reforms to address shortcomings in standards of conduct for public officials. for example, this week marked the tenth anniversary of the enactment of the stock act. that measure which president obama signed into law on april 4, 2012, amended the ethics in government act of 1978. impose new financial disclosure requirements among other provisions.
But in particular with regard to underground Natural Gas Storage, theres a very collaborative atmosphere over the course of two decades already worth of information study and sharing, and now with the recommended practices that have been developed, the question now is how do we best set the minimum Safety Standards that could be national in nature and then recognizing that any state could of course go beyond those minimum Safety Standards and advance whatever additional Safety Measures they would want to undertake that are specific to their particular operating atmosphere. We have two more and then well come back here. We have about five minutes left so maybe if i can take all four quickly but you have to be quick. I want to see, are you issuing like a notice of proposed rule making for these underground gas storage standards or is it something else. If it is a notice, are you trying to finalize it later this year also . Hold on. Raise your hands if you had one just so she can find you
[inaudible conversation] ladies and gentlemen, welcome to this shakespeare theater bar Associations Annual dinner mock trial. Before we begin the trial takes time to silence all Electronic Devices so as not to disrupt his evenings proceedings. Photography of tonights trial is strictly prohibited. Join me in welcoming trustee andchair of the bard association, Abby David Lowell area. [applause] good evening. Thanks for joining us tonight. At the annual dinner and mock trial event presented by the Shakespeare Company and its bard association, the in Affinity Group of lawyers associated with the Legal Community and those who support the Legal Community to bring the best we can to this wonderful theater. As you know, tonights performance, tonights trial is based on the production of 1984 that was presented by the Shakespeare Company a few short months ago. Which in turn is based on the 1949, thats right, 1949 book by George Orwell predicting what 1984 might look like. I knowyou all know the