New York implements interim pay-to-play ban

Mon Oct 5, 2009

New York State Comptroller Thomas DiNapoli issued an executive order related to the banning of pay-to-play practices involving the $117 billion New York State Common Retirement Fund.

The order prohibits the pension fund from doing business with any investment advisor who has made a political contribution to the state comptroller or a candidate for...

ISSN: 2151-1845 / CDC10004H

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