USA Today has put together a summary
what three of the seven state 529 plans offering funds affected by the scandals are doing.
Ohio. Has asked Putnam Investments to provide written assurance that it will provide restitution for any losses caused by market timing and has asked the plan's attorney to review possible options. Putnam manages more than $2.6 billion for the plan and has replied with the request.
Oregon. The board will meet on November 13 to review its $134 million mandate with Strong Capital Management. The state is able to terminate its contract, for any reason, with 60 days' notice.
Wisconsin. Will audit Strong Capital. The fund firm has three years remaining on the contract for its $1 billion mandate.
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