The California Public Employees Retirement System (CalPERS) styles itself as the United States' largest public fund. In response to a letter from Governor Newsom, CalPERS has reported that it has over three quarters of a billion dollars in Russian...
CalPERS' Russian Investments
Posted on March 07, 2022
Godot Is Still Waiting . . .
Posted on December 13, 2021
Last month, the Securities and Exchange Commission announced that it was proposing a new rule under the Exchange Act. In an accompanying "fact sheet", the SEC said that it was doing so "to increase transparency and efficiency in the opaque...
The Cost Of Justice In Nevada
Posted on May 22, 2020
In February, I penned this post about some of Nevada's historic rural courthouses. Recently, I visited Goldfield, Nevada. Although Goldfield is the county seat of Esmeralda County, it has no gas station and no supermarket. Esmeralda County has a...
Audit Report Discloses Sharp Increase In Personal Trading Violations At CalPERS
Posted on May 18, 2020
The California Public Employees Retirement System (aka CalPERS) is the largest defined-benefit public pension in the United States. It is governed by a Board of Administration that consists of 13 members who are elected, appointed, or hold office ex...
Bill Aims At Prohibiting Public Pension Fund Investments In Alternative Investment Vehicles Lacking Race And Gender Pay Equity Policies
Posted on March 09, 2018
Last year, Assembly Member Lorena Gonzalez Fletcher authored a bill, AB 1209, that would have required employers with 500 or more employees in California to provide to the Secretary of State specific information regarding gender wage differentials...
CalPERS And Securities Lending - Waiting For Godot?
Posted on July 13, 2017
California Government Code Section 7603 is short and unambiguous:
