The State Worker

December 30, 2013 10:46 AM

From the notebook: What CalPERS officials said about restricted trades now under SEC review

In case your missed it, The Bee reported this weekend that federal officials are looking into two stock purchases that CalPERS made in mid March in violation of its own policy to avoid insider trades. Although a subsequent internal review determined that the trades were accidental and weren’t really insider trades, sources say that the Securities and Exchange Commission has been conducting a low-level, informal inquiry.

The State Worker

Chronicling civil-service life for California state workers

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The Sacramento Bee launched The State Worker blog in 2008 to cover state government from the perspective of California government employees. Every day The Bee filters the news through a single question: "What does this mean for state workers?" Subscribe to alerts on state pay, benefits, pensions, contracts and jobs at sacbee.com/newsletters. Twitter: @TheStateWorker.

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