News & Analysis as of

Securities California Public Employees Retirement System Securities and Exchange Commission (SEC)

Allen Matkins

Commissioner Rings Pension Fund Tocsin

Allen Matkins on

In a speech given late last month, SEC Commissioner Daniel M. Gallagher warned that “for years, state and local governments have used lax governmental accounting standards to hide the yawning chasm in their balance sheets.” ...more

Allen Matkins

CalPERS’ Offbeat Personal Trading Policy

Allen Matkins on

Yesterday’s post discussed a news report of an SEC inquiry into insider trading by CalPERS. Rather than being abashed by this news, CalPERS responded by congratulating itself on having implemented a personal trading policy....more

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