WASHINGTON -- Continuing his scrutiny of derivatives, House Banking Committee Chariman Henry B. Gonzalez expressed concern last week that pension funds could be hurt by investments in the financial instruments.

In a letter to Labor Secretary Robert Reich released last Thursday, the Texas Democrat sought assurances that pension funds are protected from the risks posed by financial derivatives.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.