Placement Agent Ban

Comptroller DiNapoli's Legislative Program

Legislative Session 2017-2018:

Signed into law on August 21, 2018 as Chapter 203 of the Laws of 2018 – A.3137 (Abbate) / S.4761 (Golden) – Codifies the current OSC policy which bans the use of placement agents, paid intermediaries and registered lobbyists in obtaining investments with the Common Retirement Fund.