840 CMR, 840 CMR 17.00 - Standards Of Conduct For Fiduciaries And Qualified Investment Managers
- § 17.01 - Bonding of Persons Having Access to Retirement Board Funds
- § 17.02 - Code of Ethics for Fiduciaries
- § 17.03 - Standards of Conduct for Fiduciaries
- § 17.04 - Standards of Conduct for Qualified Investment Managers and Consultants
840 CMR 17.00, establishing standards of conduct for fiduciaries and qualified investment managers is promulgated by the Public Employee Retirement Administration Commission pursuant to M.G.L. c. 7, § 50 and M.G.L. c. 32, §§ 21 and 23. Except as may otherwise be provided by the Commission, or by supplementary rules of a particular retirement board approved by the Commission pursuant to 840 CMR 14.02, or by statute, 840 CMR 17.00 shall govern the conduct of all retirement board fiduciaries and qualified investment managers. No person who is not a qualified investment manager as defined by 840 CMR 16.01 shall provide investment advice on the purchase and sale of investments to or manage the funds on behalf of any retirement system.
Notes
REGULATORY AUTHORITY
840 CMR 17.00: M.G.L. c. 7, §50; c. 32, §§ 21 and 23.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.