Ex-N.Y. brokerage executive avoids prison for pension bribe scheme

NEW YORK (Reuters) - A former managing director at broker-dealer Sterne Agee was sentenced on Friday to six months' home confinement after she pleaded guilty to bribing a former portfolio manager at New York state’s retirement fund in exchange for tens of millions of dollars’ worth of business.

from Reuters: U.S. http://ift.tt/2xM0WQM