Does this mean the sitting board mod or ihub elected board mod no longer can have any input in the other mods?
Correct, for stock-specific boards.
This will be strictly a admin process only?
No. It is a user process. Any user can apply to moderate; admins approve or deny.
If so, I hope admin reconsiders this idea, as it seems to open possible conflict of interest issues of openness of unbiased information.
That's like saying you may have a conflict of interest by deciding who drives your car, or who sits at your table in a restaurant. It's a pretty simple concept.
"as it seems to open possible conflict of interest issues of openness of unbiased information"
As opposed to?
Market Data 
Markets 
AI
