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DiNapoli urges SEC for pension fund reform

In response to the ongoing investigation into pay-to-play schemes at the state pension fund, Comptroller Tom DiNapoli has written a letter to SEC Chair Mary Schapiro, urging her to implement a 1999 SEC...

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SEC proposes restrictions on pay-to-play (updated)

The U.S. Securities and Exchange Commission just voted 5-0 to propose curbing pay-to-play practices in by restricting money managers from donating to elected officials who can influence business with...

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Report: DiNapoli investments follow protocol

New York State Comptroller Tom DiNapoli has followed internal investments policies and procedures, according to an  report released today by the comptroller’s office. DiNapoli contracted the Mercer...

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AP: Morris takes a plea in pension scandal

The previously defiant Hank Morris has decided to take a plea in the pension fund scandal. Morris was a longtime political operative for former Comptroller Alan Hevesi, who took his own plea last...

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Hank Morris wins parole, will be out by June 3

Hank Morris, the architect of the pay-for-play pension fund scam that put former Comptroller Alan Hevesi and others behind bars, has been granted parole and will be out of prison by June 3. Morris,...

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