SB 198: Placement Agents
GENERAL BILL by Fasano
Placement Agents; Prohibits state investment funds from being used to pay the fees or commissions of placement agents. Requires the State Board of Administration to deal directly with private equity firms and companies issuing securities.
Effective Date: upon becoming a law
Last Action: 5/7/2011 Senate - Died in Governmental Oversight and Accountability
Bill Text: Web Page | PDF
Last Action: 5/7/2011 Senate - Died in Governmental Oversight and Accountability
Bill Text: Web Page | PDF
Senate Committee References:
- Governmental Oversight and Accountability (GO)
- Banking and Insurance (BI)
- Budget (BC)
Bill History
Date | Chamber | Action |
---|---|---|
12/2/2010 | Senate |
• Filed |
12/16/2010 | Senate |
• Referred to Governmental Oversight and Accountability; Banking and Insurance; Budget -SJ 24 |
3/8/2011 | Senate |
• Introduced -SJ 24 |
5/7/2011 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Governmental Oversight and Accountability |