Sentences with phrase «pension fund business»

It was Stein who first approached former state Comptroller Alan Hevesi's top aide, Hank Morris, about working together to get pension fund business for clients.

His own cousin tried to help a client cash in on state pension fund business last year — a move made amid the Attorney General's own probe of a pay - to - play scandal.»

ALBANY — Controller Thomas DiNapoli granted private powwows about pension fund business to investment companies with close ties to his political cronies.

Hevesi's longtime confidant and campaign consultant Henry «Hank» Morris is accused of collecting millions in «placement fees» for steering pension fund business to investment firms.

«It's mostly pension fund business with a few government meetings mixed in,» said DiNapoli spokesman Matt Sweeney.

But James Clarkson, the regional director of the Securities and Exchange Commission, which lodged charges against Aldus and Mr. Meyer, said that the firm had managed to get hundreds of millions of dollars in New York pension fund business largely because of its «willingness to illegally line the pockets of others.»

In that time, securities investigators found that the firms» fixed - income business surged, with one of them increasing its domestic bond transactions from zero at the end of fiscal year 2013 to $ 2.378 billion at the end of fiscal year 2016, making it one of the top broker dealers doing state pension fund business, according to the complaint.

ALBANY - Controller Thomas DiNapoli granted private powwows about pension fund business to investment companies with close ties to his political cronies.

Firms that make such contributions would be barred from getting any pension fund business for at least two years.