Update 1-Adviser settles Us Sec charges alleging he defrauded CalPERS

... a website listing Tandon as its president. The SEC said that Tandon misled CalPERS in 2008 when he told the pension fund that his firm satisfied its minimum assets under management requirements - a key metric used by CalPERS when screening for ...

http://www.reuters.com/article/2013/04/18/sec-calpers-idUSL2N0D51IC20130418?feedType=RSS&feedName=bondsNews