Revise list of authorized broker-dealers for city investment trading

Investment ManagementBudgetResolution

Resolution 50-10

In Plain English

The city invests public money through approved financial firms called broker-dealers. The current approved list needs updating to reflect changes in the financial industry. If approved, the Finance Department can trade investments with a revised set of authorized firms.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

5 to 0

BBLMRRV

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

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