Sentences with phrase «called placement agents»

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.

Further investigations revealed investors» widespread use of so - called placement agents to access pension funds, an arrangement some regulators have likened to pay - to - play.

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.»

But he was clear in his opposition to limiting contributions from lobbyists, placement agents and others who do business with the state and also to closing the so - called LLC loophole.

For instance, an Asian consumer «brand» selling its «visible» products in supermarkets would usually shift the substantial expenses related to shelf - space placement to undisclosed related - party «distributors» and «agents» (called «tong lu» 通路 in the local language) to achieve the high profit margins and ROE that are attractive to investors.