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Maryland casts net for securities lending

Maryland State Retirement & Pension System, Baltimore, is searching for a securities lending provider, said a request for information on the $49 billion pension fund's website.

The reason for the search and information on a current provider could not immediately be learned.

The RFI is available on the pension fund's website. Responses are due by 4 p.m. EDT on Sept. 22.

A timeline for a hiring decision could not immediately be learned.

A spokesman was not immediately available for additional information.