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Thomas P. DiNapoli

N.Y. Comptroller Bans Placement Agents for State Pension Fund

Wednesday, April 22nd, 2009 at 11:10 am

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… » Read More