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
The full contents of this article are available to active InvestHedge subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial, subscribe or log in to InvestHedge.
Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.