GLOBAL - The $154bn California Public Employees' Retirement System has asked federal regulators to reject the latest proposed overhaul of the New York Stock Exchange.
CalPERS complained that: there are no provisions which would guarantee adequate representation on the board by investors; the regulatory structure is not sufficiently independent; and the dual stru...
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
