Tougher rules ordered for Dallas Episcopal clergy; another stockbroker-priest may be suspended

Fri, Sep 04, 2009

Dallas Episcopal Bishop James Stanton (right) is responding to the scandal surrounding stockbroker-priest William Warnky with new rules for his clergy.

Effective immediately, priests are "barred from soliciting, providing or selling secular products or services to parishioners," a diocesan press release says. It quotes Stanton thusly: "This new policy is designed to eliminate any conflicts of interest, and we hope these changes will raise the level of confidence in our clergy and that of the people under their care."

Diocesan leaders previously told me that priests had long been prohibited from financial involvement with parishioners. But it turns out that the policy was pretty vague -- it read, according to the press release: "The relationship of members of the clergy with fellow clergy and with members of the laity must be of the highest moral and professional character."

Stanton recently suspended Warnky from the ministry after financial regulators barred him from selling securities. The regulators acted because Warnky failed to pay a former parishioner, D.R. Marshall, $50,000 for stock fraud. the rest