Retirement

Government
7:01 am
Fri March 30, 2012

Placement Agents Under State Ethics Laws

Lawmakers have given final approval to legislation that would make placement agents involved in financial investments for Kentucky's pension program subject to the state's ethics laws.  The legislation is an offshoot of a state audit that raised questions about the use of placement agents who advise the state about how to invest retirement funds for teachers and government workers.  The House voted 94-0 Thursday for final passage.  Democratic Rep.

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