U.S. brings charges over pay-to-play scheme at New York pension fund

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U.S. brings charges over pay-to-play scheme at New York pension fund
NEW YORK (Reuters) – U.S. prosecutors on Wednesday accused a former portfolio manager at New York state’s retirement fund of steering $2 billion in trades in exchange for bribes from brokerage employees, in the latest pay-to-play case to rock the fund.
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