Sentences with phrase «ban placement agents»

Fast - forward to earlier this month, when DFS adopted for the 36th time the emergency regulations that ban placement agents, codifying DiNapoli's own internal policy, as Abbate's bill has languished.

I have banned placement agents and pay - to - play practices, and I have increased transparency in pension fund transactions.

Not exact matches

«Scott was among the first to call for a ban on private placement agents for City pension investment and also worked to advance shareholder initiatives to align corporate executive pay with long - term performance, promote workplace diversity, increase transparency and sustainability, and disclose corporate political spending.»

As part of the agreement, which stemmed from Manatt Phelps & Phillips acting as an unlicensed placement agent, the firm agreed to a five - year ban from appearing before any public pension fund in New York and a $ 500,000 fine and cooperate with the ongoing investigation.

The three - year review by Michigan - based Funston Advisory Services says the Common Retirement Fund's 2009 decision to ban paid placement agents used by other pension funds does not appear to have kept it from accessing qualified outside investment managers.

The state comptroller, Thomas DiNapoli, and the New York City comptroller, William Thompson Jr., have proposed banning pension fund investments that involve placement agents.

«In particular, we are interested in all meetings you had with placement agents between the time of your appointment by the Legislature and April 2009, when you finally banned the use of placement agents.

The department is also charged with enforcing the state's ban on placement agents — a ban that Blackstone, which was running its own large placement agency, has criticized.

In 2011, Gov. Andrew Cuomo, who as attorney general pursued investigations of Hevesi, said he wanted to make the ban on placement agents permanent through Department of Insurance regulations.

To his credit, the current comptroller, Thomas DiNapoli, has banned, by executive order, the use of third - party «placement agents» like Mr. Morris and doing investment business with political donors in comptroller races for two years after they make a contribution.

ALBANY — With his office still smarting from scandal, state Comptroller Tom DiNapoli decided in 2009 that to protect the state pension fund, he would ban the use of so - called placement agents.

City bans broker fees on pension funds Comptroller Scott Stringer is to announce Monday that placement agents will no longer get a piece of...