The blind trust that Gov. Rick Scott set up two years ago to manage a large part of his finances still meets the approval of the Commission on Ethics.
Scott asked for the Commission's opinion to ensure the blind trust complies with a new state law passed by the 2013 legislature.
"The governor has hit all the requirements of the statute," said the panel's general counsel Christopher Anderson, who added that Scott was "ahead of the game" in 2011 and complies with the new law.
The panel -- with five of its nine members appointed by the governor -- voted unanimously to approve Anderson's opinion.
The essence of a blind trust, he said, is that a "disinterested fiduciary" is handling the official's finances.
But Integrity Florida, has questions about the role of Scott’s trustee, Alan L. Bazaar, a partner and co-CEO of Hollow Brook Wealth Management LLC. Bazaar co-managed a public company portfolio for Richard L. Scott Investments, LLC from 1999 to 2010.
""An issue that still needs to be addressed is whether the manager of the trust is a business associate of the governor, which is prohibited by the new ethics law,” said Dan Krassner, executive director of Integrity Florida.