The second draft of our Code of Conduct is available for feedback and review over on Meta.SE. This is an update to/evolution of the "Be Nice" policy which currently guides site use and moderation. Importantly:
This just codifies the rules that we already use, moderation is still at the discretion of the individual moderators, and we've clarified that in this revision. – Tim Post♦ Jul 19 at 16:43
If you're interested, go ahead and take a look at the main post on meta.SE, follow linked conversations and read the suggestions--or even make your own!
Please note that conversation here won't necessarily be seen by SE employees. If you have concerns about/suggestions for the Code of Conduct they should be made on meta.SE. If you have concerns about/suggestions for the implementation of the CoC here on RPG.SE, then I suppose those would go well here where the elected mods can take a look and consider.