Research

AB-1743 - Placement Agents in CA

AB-1743 came into play in California in 2011, introducing new requirements for fund marketing professionals seeking to gather commitments from certain public pension plans including CalPERS and CalSTRS. Placement agents will now have to register as lobbyists, undergo ethics training in Sacramento and adhere to certain other regulations.

In order to ascertain the effect that changes will have on the third party marketing community, and in light of similar proposals in other US states, Preqin undertook a survey of placement agents to measure the expected impact of the new requirements.

  • 24/03/2011
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