US - New York governor Andrew Cuomo has asked the state's Insurance Department to, for the first time, ban the involvement of any state officials in pension fund business.
The ban is part of a broader set of regulations the governor wants to enact that will permanently ban pay-to-play practices, the use of placement agents and would prevent lobbyists from participati...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
