SEC placement agent rule takes affect
Thu Sep 16, 2010
After the pay to play allegations at a number of US public
pension plans, the US Securities and Exchange Commission's new
rule regulating placement agent relationships became effective
on 13 September.
The new rule prohibits an investment adviser from providing
advisory services for compensation to a government client for
two years after the adviser or its executives or employees make
ISSN: 2151-1845 / CDC10004H
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