CalSTRS urged Congress to adopt the protections in the Public Company...

CalSTRS urged Congress to adopt the protections in the Public Company Accounting Reform and Investor Protection Act passed by the Senate. Some of the provisions supported by the $100 billion California State Teachers’ Retirement System, Sacramento, include limits on non-audit activities of auditing firms, tougher corporate officer accountability rules and policies to avoid conflicts of interests between a company’s analysts and investment bankers.