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SEC seeks Beaver County (Pa.) pension fund documents on asset manager

Beaver County (Pa.) Employees' Retirement Fund was subpoenaed by the SEC for documents related to an investigation into asset manager Vescio Asset Management and related broker-dealer Bryan Funding.

Beaver County Solicitor Garen Fedeles in an email confirmed the fact-finding inquiry and said the county's $317 million pension fund "is not the target of the inquiry" by the Securities and Exchange Commission.

Calls to Vescio Asset Management and Bryan Funding were not returned.