US - An audit of the Louisiana School Employees Retirement System (LSERS) found that the board of trustees, key staff and consultant accepted approximately $8,100 of means from investment managers and custodians between 2003 and 2004.
The audit by the Louisiana legislative auditor concluded that LSERS does not have adequate policies in place to ensure that potential conflicts of interest do not arise. “LSERS does not employ a...
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