Sentences with phrase «pension placement agents»

5) One last municipal issue: pension placement agents.

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.»

In a settlement deal, he admitted to acting as an unlicensed placement agent, agreed to the AG's Public Pension Fund Reform Code of Conduct and returned $ 52,000 he received in fees plus a $ 26,000 fine.

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

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.

CU did give incumbent Democratic Comptroller Tom DiNapoli credit for making changes after taking over from his disgraced predecessor, Alan Hevesi, that improved transparency and addressed the issue of placement agents and fundraising vis - a-vis the pension fund.

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

One way or another — and using near identical language — placement agents are barred from getting near one of the nation's largest pension funds.

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.

Mr. Rattner was also asked about an e-mail that he forwarded during that time to Hank Morris, a political consultant to Mr. Hevesi whom Quadrangle had hired as a placement agent as it sought pension money.

Schumer «KNEW» that Hank Morris was a placement agent and making millions and millions of dollars off the pension system run by Alan Hevesi.

The little - known placement agents moved into the national spotlight last year when New York Attorney General Andrew Cuomo revealed a «pay - to - play» scandal, payments to get pension fund investments, resulting in five guilty pleas so far.

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