S259 — Prohibits investment by State of pension and annuity funds in hedge funds and derivative contracts.

S259 — Prohibits investment by State of pension and annuity funds in hedge funds and derivative contracts. · Informed CitizenryS259 would prevent the state's pension and annuity funds from investing money in high-risk financial instruments, specifically naming 'hedge funds' and 'derivative contracts.' Currently, these spec…Open in Informed Citizenry