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Bank Guilty Pleas Mess With Texas Pension Fund’s No-Felon Pledge
©2015 Bloomberg News NORU0OSYF01T (Bloomberg) — This just in: Texas pensions will, in fact, mess with felons. Last May the $26.2 billion Employee Retirement System of Texas responded to Credit Suisse Group AG’s guilty plea for tax fraud by saying that it had “a policy against hiring firms convicted of
SEC Approves Plan to Boost Traders’ Interest in Small Stocks
©2015 Bloomberg News NNYA936K50YF (Bloomberg) — The U.S. Securities and Exchange Commission approved a two-year program designed to test ways to boost investors’ interest in smaller stocks. The trading experiment, championed by small-business advocates and opposed by big investors such as Fidelity Investments and D.E. Shaw & Co., will widen the
