AB 1584 (Hernandez) – Placement Agents
Expands post-employment restrictions for specified CalSTRS employees or Teachers’ Retirement Board members and requires additional disclosures of placement agent fees and activities to prevent “pay-for-play” activities with public pension investments. Also increases transparency and accountability.
- Version: Chaptered (Chapter 301, Statutes of 2009)
- Sponsor: Author
- Location: Signed by Governor
- Board Position: Support
For an accessible version of any CalSTRS analysis on this page, contact ADACoordinator@CalSTRS.com.