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Rubio Reintroduces Index Provider Transparency and Accountability Act

Nov 2, 2023 | Comunicados de Prensa

The Chinese Communist Party reportedly pressured MSCI, the world’s largest index provider, to add Chinese stocks to the Emerging Markets index. This successful pressure campaign steered untold billions of American investments to China’s companies and its industrial base. American investors deserve to know that their investments are free from the risks associated with conflicts of interest and foreign governments’ interference.

U.S. Senator Marco Rubio (R-FL) reintroduced the Index Provider Transparency and Accountability Act to establish additional disclosure requirements for investment companies that use market indexes.

  • “American investors have a right to know that their investments are not being steered by pressure campaigns from hostile foreign governments. My legislation would ensure that Americans are aware of ties to foreign governments prior to investing. ” – senador Rubio

Retrospectiva... Senator Rubio introduced an amendment to the Senate’s United States Innovation and Competition Act of 2021 that was similar to this legislation, but Senate Democrats blocked consideration of amendments considered punitive towards Beijing.

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