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The Boston Globe

Politics

Coakley wants SEC to look into Baker’s business deals

Democratic Attorney General Martha Coakley on Thursday called for federal securities regulators to take a look at one of her gubernatorial campaign rivals, Republican Charlie Baker, and his work at a Cambridge venture capital firm.

Coakley said that the Securities and Exchange Commission should review a $15 million deal between General Catalyst and New Jersey’s public pension fund. Some of that money went toward the firm’s investment in a health insurance startup upon whose board Baker sits. She stopped shy of calling for a formal investigation.

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