Lawmakers are putting retirement plans and advisors on notice over prioritizing politically motivated investments over returns.
Legendary BlackRock chairman and CEO discusses the 'adaptability' of capitalism during the Russian invasion of Ukraine on 'The Claman Countdown.'advisors are being put on notice over prioritizing politically motivated and socially driven investment allocations.
On Friday, Rep. Andy Barr, R-Ky., and Rick Allen, R-Ga., will introduce the Ensuring Sound Guidance Act intended to protect investors from advisors and asset managers who prioritize social and"Asset managers should be in the business of maximizing returns for investors, not pushing their own political agenda at the expense of everyday Americans.
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