"To maintain the highest levels of integrity in horse sales for both buyers and sellers, while ensuring a competitive, fair and vibrant marketplace for the benefit of the entire industry."
In 2004, the Thoroughbred Owners and Breeders Association (TOBA) created the Sales Integrity Task Force in response to an expressed desire within the Thoroughbred industry. The Task Force sought to improve the opportunity for buyers and sellers at public auction sales to feel informed, understand the various aspects of the process and be confident they were being fairly treated.
The Sales Integrity Task Force, which consisted of 22 members, met several times during 2004 to formulate a code of ethics for Thoroughbred auctions. The code was geared to new buyers, however it recognized that the interests of consignors, breeders, agents, veterinarians, sales companies and horses needed to be protected as well and that all public auctions involve inherent risks for all concerned. Key elements of that code included articulating the fraudulent nature of dual agency without disclosure and pre-sale price manipulation; providing for a sample legal agreement for use between buyers and bidding agents; requiring disclosure of physical procedures that alter conformation permanently; banning temporary alteration of conformation; requiring veterinarians to sign a legal form (prior to entering the repository) disclosing any equity interest in horses offered for sale and encouraging full disclosure of ownership while protecting rights to privacy.
After the release of the code of ethics in December 2004, the Sales Integrity Program was established to implement the recommendations in the code through a communications and education campaign.
In 2007, pursuant to an agreement between the Thoroughbred Owners and Breeders Association (TOBA), Consignors and Commercial Breeders Association (CBA), Fasig-Tipton, Inc., Horse Owners' Protective Association, Keeneland Association, Inc., Kentucky Thoroughbred Association (KTA) and Kentucky State Representative Larry Clark, the Sales Integrity Task Force reconvened to develop industry consensus on licensing of bloodstock agents and consignors, transparency in ownership in the sales arena and transparency in medication in the sales arena, all of which were implicated by Kentucky House Bill 388. The task force recommended a bloodstock agent code of conduct be added to the conditions of sale, voluntary ownership disclosure in an ownership registry, updated prohibited practices and exogenous anabolic steroid testing at the buyer's discretion.
As with the first Sales Integrity Task Force, the Sales Integrity Program was charged with overseeing the implementation of the task force's 2007 recommendations. The Sales Integrity Program is managed by the Thoroughbred Owners and Breeders Association (TOBA).
The 2007 Sales Integrity Task Force Members were:
|John Adger - Stonerside Stables
Mike Akers - Dapple Bloodstock
Headley Bell - Nicoma Bloodstock
Jimmy Bell - Darley USA
Reynolds Bell, Jr. - Reynolds Bell Thoroughbred Services
Wayne Boyd - Western Kentucky Horse Sales
Bill Casner - WinStar Farm
Robert Clay - Three Chimneys
Joe Costa - Tattersalls
Charles "Redd" Crabtree - Crabtree Farms
Bruce Crowe - United Mountain Horse Association
Bill Farish - Lane's End
Bill Heiligbrodt - Heiligbrodt Racing Stable
Jess Jackson - Stonestreet Farm
Ken Jackson - Kentuckiana Farms
Bill Landes - Hermitage Farm
Norman Luba - Kentucky Quarter Horse Association
Tom Ludt - Vinery
Reiley McDonald - Eaton Sales
|Martha Jane Mulholland - Mulholland Springs Farm
Nick Nicholson - Keeneland Association
Denny Nunnelley - Ky. Quarter Horse Racing Assn.
Frank Penn - Pennbrook Farm
Walt Robertson - Fasig-Tipton
Earl Rogers - Kentucky Walking Horse Association
Geoffrey Russell - Keeneland Association
Dermot Ryan - Ashford Stud
Satish Sanan - Padua Stables
Fred Sarver - American Saddlebred Horse Assn.
Fred Seitz - Thoroughbred trainer/Brookdale Farm
John Sikura - Hill 'n' Dale Farms
Mark Taylor - Taylor Made Farm
D.G. Van Clief - Fasig-Tipton
John Ward - Thoroughbred trainer
Bayne Welker - Mill Ridge Farm
Jack Wolf - Starlight Stables
Alex Waldrop - NTRA, Task Force moderator