State Comptroller Thomas P. DiNapoli today announced he has banned the involvement of placement agents, paid intermediaries and registered lobbyists in investments with the New York State Common Retirement Fund (CRF). The ban includes entities “compensated on a flat fee, a contingent fee or any other basis.” See: N.Y. Comptroller Bans Placement Agents for State [...]
Tag Archives: New York State Common Retirement Fund
N.Y. Comptroller Bans Placement Agents for State Pension Fund
on April 22, 2009 in Investment Choice
New York Public Pension Funds’ Regulation No. 85
on January 1, 2009 in Private Investment Funds
The Superintendent of Insurance of the State of New York promulgated the Second amendment to Part 136 of Chapter IX of Title 11 of the Official Compilation of Codes, Rules and Regulations of the State of New York (Regulation No. 85) (.pdf) in October 0f 2008. The regulation is intended to have the business of [...]
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