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Schwarzenegger signs pension fund transparency bill

Oct 1, 2010 3:00:00 AM - latimes.com
Prompted by a scandal involving CalPERS, it would require that 'placement agents' who make pension fund deals with investment managers register as state lobbyists.

After a yearlong scandal involving alleged influence peddling and corruption, Gov. Arnold Schwarzenegger on Thursday signed a bill that will regulate the activities of outside deal-makers who help investment managers secure government pension fund money.

USA, California: (Latest Stories)