New York state’s pension funds are urging credit-card companies to consider following Citigroup Inc.’s lead in cracking down on gun-sellers.
Comptroller Thomas DiNapoli, the financial watchdog who also oversees the $209.1 billion retirement system for public employees, sent letters last week to nine companies. He asked them to explore whether gun transactions should be classified with restricted high-risk purchases like porn, illicit drugs and cryptocurrencies, a spokesman said Wednesday.
