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Florida Nurses Association Endorses Gelber for Attorney General
Sep 25, 2010
Republican Senator Villalobos Endorses Gelber for Attorney General
Sep 24, 2010
Florida Professional Firefighters Endorse Gelber for Attorney General
Sep 21, 2010
Florida Alliance for Retired Americans Endorses Gelber for Attorney General
Sep 20, 2010
Florida PBA Endorses Gelber for Attorney General
Sep 10, 2010
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Thanks Doesn't Seem Sufficient
Nov 4, 2010
ICYMI: Karl Rove's RSLC Attempts to Hijack Elections from Voters
Oct 26, 2010
Release: New Ad Highlights Consensus from Florida Newspapers: Gelber is Clearly Better Qualified
Oct 25, 2010
Release: Bondi Turns to National Special Interests to Fuel Her Campaign
Oct 25, 2010
Statement: Gelber Comments on Sentencing of Sarasota Ponzi Schemer Arthur Nadel
Oct 22, 2010
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Legislature's redistricting handiwork destined for courts
Jan 16, 2012
Bill Nelson's Survival Strategy
Jan 11, 2012
Dan Gelber on exceptionalism and the old Marco Rubio
Sep 6, 2011
Who will take on Rick Scott? Charlie Crist? Alex Sink? Jeremy Ring? Rod Smith? Dan Gelber?
Jun 14, 2011
Gelber pining for Jeb Bush
May 31, 2011
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SEC inquiry could lead to Fla. oversight changes
Nov 6, 2009
Two top Florida Democrats want changes to the makeup of the board that oversees Florida's $130 billion investment portfolio now under scrutiny from the U.S. Securities and Exchange Commission.
State Sen. Dan Gelber, D-Miami Beach, said Friday he wants Florida's agriculture commissioner on the oversight board instead of the attorney general - an office he's seeking.
Chief Financial Officer Alex Sink has pushed for adding a financial expert to the panel that consists of herself, the governor and attorney general.
Sink has had concerns about "governance, transparency, audit processes and risk management policies" at the State Board of Administration since a run on SBA's local government pool two years ago.
"In other states, the attorney general makes it their duty to keep a watchful eye on the pension fund making sure the people's savings are secure," Gelber said. "This will give the Attorney General more arms length oversight."
The SEC launched its initial inquiry in February 2008 and informed the SBA in July 2008 with a formal order of private investigation, a required step in the legal process that allows them to subpoena records and take sworn statements.
"There isn't anything new," SBA executive director Ash Williams said Friday. "The document itself was held as confidential and the trustees were advised that it was ongoing."
The trustees presently consist of the governor, CFO and attorney general. All have been updated on the SEC investigation, according to representatives from their offices.
A spokesman for the SEC, John Nester, declined comment Friday on its investigation.
Williams said the local government fund being investigated has since been outsourced to an SEC-registered receiver, Pittsburgh-based Federated Advisers, and is performing well.
"We've completely redone all the investment policies to make the fund as safe as possible," said Williams, who was brought back to Florida last year to take over the management of the SBA.
The SBA reported Wednesday that the fund's assets increased from $99.6 billion to $110 billion during the quarter ending Sept. 30.