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.
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Votes
Motion · Official minutes
Approve consent calendar
Passed
5 aye · 0 nay · 2 absent
BBLMRRV
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