The State Worker

February 18, 2014 1:31 PM

IPO buy involved company on internal restricted list, CalPERS says

CalPERS investment managers on Tuesday said they have again run afoul of an anti-insider trading policy by purchasing stocks that were on a “restricted trades list” of securities.

The State Worker

Jon Ortiz chronicles civil-service life for California state workers

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Jon Ortiz launched The State Worker blog in 2008 to cover state government from the perspective of California government employees. Every day he filters the news through a single question: "What does this mean for state workers?" Join Ortiz for updates and debate on state pay, benefits, pensions, contracts and jobs. Contact him at or 916-321-1043. Twitter: @TheStateWorker.

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