Certified Investment Advisor List

April 1, 2022 With changes as of 4/21/22

To: Public Treasurers

Subject: Certified Investment Advisers

Following is the list of Certified Investment Advisers for the quarter beginning April 1, 2022 through June 30, 2022 with changes as of the April 21, 2022, Council meeting as noted. This list with April 21, 2022 changes, supersedes the list dated January 1, 2022.

Transactions involving authorized deposits or investments of public funds may be conducted only through issuers of securities authorized by Section 51-7-11(3), qualified depositories (refer to current list), certified agents of dealers (see list), or the Certified Investment Advisers included in this list. Certified Investment Advisers may now use their own list of brokers to purchase investments for public entity accounts. Authorized deposits or investments are generally limited to those securities listed in Section 51-7-11(3).

The following are changes from the list dated January 1, 2022 with additions/deletions as of April 21, 2022. Name Changes: None. Additions: Moreton Asset Management has added Daniel V Rusk as of 4/21/22. Deletions: Moreton Asset Management has deleted Marcus Nield as of 4/21/22.

All securities purchased through a certified investment adviser are still required to be delivered to the public treasurer or to the treasurer's safekeeping bank.

Advisers included in this list have met the minimum standards established by Utah Administrative Code, Section R628-15. Inclusion in the list of certified investment advisers does not constitute an endorsement or recommendation by the Money Management Council or by the Securities Division of the Department of Commerce. Compliance with the Money Management Act and Rules of the Council continues to be the responsibility of each public treasurer.