Assembly Bill

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

CalSTRS Analysis:

As amended 6/18/2009