Posted inGovernment

As Restricted Banking List Narrows, Oklahoma Pension Systems Eye Exemptions

Oklahoma Treasurer Todd Russ has narrowed a list of banks perceived to be hostile to the oil and gas industry, potentially helping pension systems grappling with implementation of the Energy Discrimination Elimination Act. But some of the state’s seven pension systems appear ready to exercise an exemption in the law so they won’t have to divest assets from banks placed on the list.

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