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Labor Secretary Eugene Scalia is on the Right Track with Activist Investor Reform

washingtonexaminer.com

Should people be able to invest in ventures that aim to have a social or environmental impact? The answer is yes. In fact, people should be able to invest in, buy stock in, and even bet on anything they want. However, fiduciaries (those that manage other people’s investments) must follow some rules. The first rule of a fiduciary should be to put the economic interests of its clients first...

Mentions: ESG activist investors Investors