- Per the Public Records Act (California Gov. Code 6250 et
seq.), ACERA will make available to the public the submitted IPSI
Form and all correspondence and documentation submitted during
the IPSI process. Except as otherwise required by law, ACERA
will not disclose trade secrets or proprietary financial
information submitted in an IPSI Form. Any such trade
secrets or proprietary financial information, which Investment
Vendor believes should be exempted from disclosure, shall be
specifically identified and marked as such by Investment
Vendor. Blanket-type identific ation by designating whole
pages or sections shall not be permitted and shall be
invalid. The specific information must be clearly identified
as such.
- Upon a request for records regarding a submitted IPSI Form,
ACERA will notify the Investment Vendor involved of a specific
time for when the records will be made available for
inspection. If Investment Vendor, in a timely manner,
identifies any “proprietary, trade secret, or confidential
commercial or financial” information which Investment
Vendor determines is not subject to public disclosure,
Investment Vendor will be required fully to intervene, justify
such exemption, and secure appropriate injunctive orders in all
fora exempting such records from disclosure. ACERA reserves
the right to independently determine whether any document is
subject to disclosure and to make such information available to
the extent required by applicable law, without any restriction.
