Wednesday, December 21, 2016

U.S. brings charges over pay-to-play scheme at New York pension fund

NEW YORK (Reuters) - U.S. prosecutors on Wednesday accused a former portfolio manager at New York state's retirement fund of steering $2 billion in trades in exchange for bribes from brokerage employees, in the latest pay-to-play case to rock the fund.


from Reuters: U.S. http://ift.tt/2hHIukx

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