DALLAS -- Amid concerns about derivatives losses, the Texas auditor's office is expected to complete an investigation of investment practices at state-funded agencies and schools for higher education in a few weeks, a state official said yesterday.

Wardaleen Belvin, the chief of staff for Lieut. Gov. Bob Bullock, said she expects that a report should be finished next month and include information on state agencies and schools that invested in derivative products, disclosure policies, and other items.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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