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Bullock aides press tighter controls on agency investments
Bullock's chief of staff said the lieutenant governor supports stricter legislation, including an oversight panel to monitor agency investments. The article notes lack of uniform reporting across state and school investments, with Odessa College suffering a $22 million portfolio loss in derivatives last year. Officials warn derivatives carry higher risk and possible losses, while calls for standardized reporting grow.
MENTIONED IN THIS ARTICLE
Bullock
Alwin
Sandra Shaw
Shaw
Joe Zant
Dallas Morning News
Treasury
Odessa College
Denise Voigt Crawford
Securities Board
Legislative Council
Associated Press