MFA Statement on the Stop Wall Street Looting Act

 

October 20, 2021

WashingtonMFA President and CEO Bryan Corbett released the following statement regarding the “Stop Wall Street Looting Act,” a bill that would hurt long-term investment in the U.S.:

“The alternative investment industry has deep concerns with the proposed legislation. The proposals in this bill would curb long-term investments in companies that require capital to grow, create jobs, and fund research and development. The bill would also impede the ability of public pension funds, foundations, and endowments to meet their long-term obligations and fund critical investment in communities around the country.”