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triggerPostRender(); } } );} ); /* ]]> */ </script> </div> </div> </div> </nav> <div class="header-bg" style="background-image:url(https://shareholderadvocacyforum.org/wp-content/themes/shareholderadvocacyforum/assets/images/hero_default.jpg)"> <div class="container"> <img class="hero-logo" src="https://shareholderadvocacyforum.org/wp-content/themes/shareholderadvocacyforum/assets/images/hero-logo.png" alt="Americans for Tax Reform"> </div> </div> </header> <div class="page-content container"> <div class="row"> <div class="col-lg-8 centered-content"> <main class="site-main" role="main"> <p class="page-lead"></p> <section class="blog-feed"> <div class="feed-wrapper"> <article class="feed-card legislation-regulation"> <header class="card-header"> <p class="category">Legislation/Regulation <a href="https://shareholderadvocacyforum.org/atr-supports-rep-mike-floods-equal-opportunity-for-all-investors-act/" class="header-link" tabindex="-1" aria-hidden="true"><span class="sr-only">ATR Supports Rep. Mike Flood’s Equal Opportunity for All Investors Act</span></a></p> </header> <div class="card-body"> <p class="published"><time datetime="July 10, 2023">July 10, 2023</time></p> <h3 class="title"><a class="post-link" href="https://shareholderadvocacyforum.org/atr-supports-rep-mike-floods-equal-opportunity-for-all-investors-act/">ATR Supports Rep. Mike Flood’s Equal Opportunity for All Investors Act</a></h3> <p class="excerpt">Americans for Tax Reform supports Rep. Mike Flood’s (R-Neb.) bipartisan Equal Opportunity for All Investors Act of 2023 (H.R. 2797). On May 31, 2023, H.R. 2797 passed the U.S. House of Representatives by a large bipartisan margin of 383-18. Now, the bill awaits action in the Senate. ATR encourages…</p> </div> </article> <article class="feed-card legislation-regulation"> <header class="card-header"> <p class="category">Legislation/Regulation <a href="https://shareholderadvocacyforum.org/bidens-financial-stability-oversight-council-launches-regulatory-assault-on-financial-markets/" class="header-link" tabindex="-1" aria-hidden="true"><span class="sr-only"><strong>Biden’s Financial Stability Oversight Council Launches Regulatory Assault on Financial Markets</strong></span></a></p> </header> <div class="card-body"> <p class="published"><time datetime="June 1, 2023">June 1, 2023</time></p> <h3 class="title"><a class="post-link" href="https://shareholderadvocacyforum.org/bidens-financial-stability-oversight-council-launches-regulatory-assault-on-financial-markets/"><strong>Biden’s Financial Stability Oversight Council Launches Regulatory Assault on Financial Markets</strong></a></h3> <p class="excerpt">The Biden administration is eager to loosen guidelines that would make it easier to subject asset management firms to elevated levels of regulation. The Financial Stability Oversight Council’s proposed guidance document and analytic framework roll back improvements made in 2019 under the Trump administration. FSOC was created by the Dodd-Frank Wall Street…</p> </div> </article> <article class="feed-card legislation-regulation"> <header class="card-header"> <p class="category">Legislation/Regulation <a href="https://shareholderadvocacyforum.org/atr-supports-rep-bryan-steils-putting-investors-first-act/" class="header-link" tabindex="-1" aria-hidden="true"><span class="sr-only">ATR Supports Rep. Bryan Steil’s Putting Investors First Act </span></a></p> </header> <div class="card-body"> <p class="published"><time datetime="January 30, 2023">January 30, 2023</time></p> <h3 class="title"><a class="post-link" href="https://shareholderadvocacyforum.org/atr-supports-rep-bryan-steils-putting-investors-first-act/">ATR Supports Rep. Bryan Steil’s Putting Investors First Act </a></h3> <p class="excerpt">While state financial officers have received a lot of attention when it comes to combatting environmental, social, and governance (ESG) standards, Congressional Republicans are also gearing up to depoliticize investing and proxy voting. Last week, Rep. Bryan Steil (R-Wis.) reintroduced the Putting Investors First Act (H.R. 448), which would require proxy…</p> </div> </article> <article class="feed-card in-the-news"> <header class="card-header"> <p class="category">In the News <a href="https://shareholderadvocacyforum.org/floridas-chief-financial-officer-is-laser-focused-on-financial-returns-for-retirees/" class="header-link" tabindex="-1" aria-hidden="true"><span class="sr-only">Florida’s Chief Financial Officer is Laser-Focused on Financial Returns for Retirees</span></a></p> </header> <div class="card-body"> <p class="published"><time datetime="January 30, 2023">January 30, 2023</time></p> <h3 class="title"><a class="post-link" href="https://shareholderadvocacyforum.org/floridas-chief-financial-officer-is-laser-focused-on-financial-returns-for-retirees/">Florida’s Chief Financial Officer is Laser-Focused on Financial Returns for Retirees</a></h3> <p class="excerpt">Last week, Florida Chief Financial Officer Jimmy Patronis issued a directive requiring asset managers to remove Floridians’ retirement money from environmental, social, and governance (ESG) funds. Florida’s Deferred Compensation Plan (DCP), which is a supplemental retirement plan for state employees, totals $5.1 billion in assets. A percentage of these assets will…</p> </div> </article> <article class="feed-card legislation-regulation"> <header class="card-header"> <p class="category">Legislation/Regulation <a href="https://shareholderadvocacyforum.org/why-pennsylvanias-hb-1671-fails-to-root-out-woke-investing%ef%bf%bc/" class="header-link" tabindex="-1" aria-hidden="true"><span class="sr-only">Why Pennsylvania’s HB 1671 Fails to Root Out Woke Investing</span></a></p> </header> <div class="card-body"> <p class="published"><time datetime="November 10, 2022">November 10, 2022</time></p> <h3 class="title"><a class="post-link" href="https://shareholderadvocacyforum.org/why-pennsylvanias-hb-1671-fails-to-root-out-woke-investing%ef%bf%bc/">Why Pennsylvania’s HB 1671 Fails to Root Out Woke Investing</a></h3> <p class="excerpt">Bottom Line: Americans for Tax Reform opposes legislation (HB 1671) introduced by Pennsylvania State Representative Brett Miller. The bill ostensibly creates “transparency” by requiring the Public School Employees’ Retirement Board, the State Employees’ Retirement Board, and private equity managers to publicly disclose contractual information. Instead, the bill provides leverage,…</p> </div> </article> <article class="feed-card legislation-regulation"> <header class="card-header"> <p class="category">Legislation/Regulation <a href="https://shareholderadvocacyforum.org/atr-continues-to-support-fix-to-broker-definition-for-digital-assets%ef%bf%bc/" class="header-link" tabindex="-1" aria-hidden="true"><span class="sr-only">ATR Continues to Support Fix to Broker Definition for Digital Assets</span></a></p> </header> <div class="card-body"> <p class="published"><time datetime="October 31, 2022">October 31, 2022</time></p> <h3 class="title"><a class="post-link" href="https://shareholderadvocacyforum.org/atr-continues-to-support-fix-to-broker-definition-for-digital-assets%ef%bf%bc/">ATR Continues to Support Fix to Broker Definition for Digital Assets</a></h3> <p class="excerpt">Americans for Tax Reform continues to support legislative efforts to fix the overly-broad definition of a digital asset broker as passed in the Infrastructure Investment and Jobs Act (P.L. 117-58). As the end of the 2022 approaches, the lame-duck session will be the perfect opportunity to attach a provision…</p> </div> </article> <article class="feed-card legislation-regulation"> <header class="card-header"> <p class="category">Legislation/Regulation <a href="https://shareholderadvocacyforum.org/atr-op-ed-in-townhall-its-time-to-depoliticize-retirement-fund-investments/" class="header-link" tabindex="-1" aria-hidden="true"><span class="sr-only">ATR Op-Ed in Townhall: “It’s Time to Depoliticize Retirement Fund Investments.” </span></a></p> </header> <div class="card-body"> <p class="published"><time datetime="September 21, 2022">September 21, 2022</time></p> <h3 class="title"><a class="post-link" href="https://shareholderadvocacyforum.org/atr-op-ed-in-townhall-its-time-to-depoliticize-retirement-fund-investments/">ATR Op-Ed in Townhall: “It’s Time to Depoliticize Retirement Fund Investments.” </a></h3> <p class="excerpt">On September 15, 2022, Townhall published an op-ed by ATR Federal Affairs Manager Bryan Bashur. The op-ed discusses how legislators and attorneys general have been fighting back against the recent trend of investment managers of retirement funds employing environmental, social, and governance (ESG) standards for their investments in violation of their…</p> </div> </article> <article class="feed-card legislation-regulation"> <header class="card-header"> <p class="category">Legislation/Regulation <a href="https://shareholderadvocacyforum.org/pennsylvania-republicans-use-democrats-playbook-to-regulate-retirement-funds/" class="header-link" tabindex="-1" aria-hidden="true"><span class="sr-only">Pennsylvania Republicans Use Democrats’ Playbook to Regulate Retirement Funds</span></a></p> </header> <div class="card-body"> <p class="published"><time datetime="June 23, 2022">June 23, 2022</time></p> <h3 class="title"><a class="post-link" href="https://shareholderadvocacyforum.org/pennsylvania-republicans-use-democrats-playbook-to-regulate-retirement-funds/">Pennsylvania Republicans Use Democrats’ Playbook to Regulate Retirement Funds</a></h3> <p class="excerpt">The Pennsylvania House of Representatives is considering unnecessary legislation that mandates the public disclosure of confidential information of private equity firms and their pension fund investors. House Bill 1671, sponsored by Rep. Brett Miller, is a government assault on private equity funds and their investors. The bill has been…</p> </div> </article> </div> </section> </main> </div> </div> </div> </div> <footer class="site-footer" id="site-footer" role="contentinfo"> <div class="container"> <div class="footer-wrapper"> <div class="footer-brand footer-section"> <a class="footer-logo" href="https://shareholderadvocacyforum.org"><img class="logo-thumbnail" src="https://shareholderadvocacyforum.org/wp-content/themes/shareholderadvocacyforum/assets/images/footer-logo.png" alt="Shareholder Advocacy Forum"></a> </div> <nav class="footer-nav footer-section"> <ul class="footer-links"> <li class="link-item"><a class="footer-link" href="https://shareholderadvocacyforum.org/about/">About</a></li> <li class="link-item"><a class="footer-link" href="https://shareholderadvocacyforum.org/category/legislation-regulation/">Legislation/Regulation</a></li> <li class="link-item"><a class="footer-link" href="https://shareholderadvocacyforum.org/category/in-the-news/">In the News</a></li> <li class="link-item"><a class="footer-link" href="https://shareholderadvocacyforum.org/category/proposals/">Proposals</a></li> </ul> </nav> <div class="footer-contact footer-section"> <h2 class="section-heading">Contact</h2> <address class="contact-address"> Shareholder Advocacy Forum (SAF)<br> 202-785-0266 ext 510<br> <a href="mailto:saf@atr.org">saf@atr.org</a><br> </address> <p class="site-info"><small>Shareholder Advocacy Forum 2025 </small></p> </div> </div> </div> </footer> <script type="text/javascript" id="custom-content-types-data-js-before"> /* <![CDATA[ */ var CUSTOM_CONTENT_TYPE__INITIAL_STATE; typeof CUSTOM_CONTENT_TYPE__INITIAL_STATE === "object" || (CUSTOM_CONTENT_TYPE__INITIAL_STATE = JSON.parse(decodeURIComponent("%7B%22active%22%3Atrue%2C%22over_ride%22%3Afalse%7D"))); /* ]]> */ </script> <script type="text/javascript" src="https://shareholderadvocacyforum.org/wp-content/plugins/duracelltomi-google-tag-manager/dist/js/gtm4wp-form-move-tracker.js?ver=1.20.3" id="gtm4wp-form-move-tracker-js"></script> <script type="text/javascript" src="https://shareholderadvocacyforum.org/wp-content/themes/shareholderadvocacyforum/assets/js/scripts.min.js?ver=a8bf3c12ea8f77" id="scripts-js"></script> <script type="text/javascript" src="https://stats.wp.com/e-202508.js" id="jetpack-stats-js" data-wp-strategy="defer"></script> <script type="text/javascript" id="jetpack-stats-js-after"> /* <![CDATA[ */ _stq = window._stq || []; _stq.push([ "view", JSON.parse("{\"v\":\"ext\",\"blog\":\"238370879\",\"post\":\"43\",\"tz\":\"-5\",\"srv\":\"shareholderadvocacyforum.org\",\"hp\":\"atomic\",\"ac\":\"3\",\"amp\":\"0\",\"j\":\"1:14.4-a.5\"}") ]); _stq.push([ "clickTrackerInit", "238370879", "43" ]); /* ]]> */ </script> <script type="text/javascript" src="https://shareholderadvocacyforum.org/wp-includes/js/dist/dom-ready.min.js?ver=f77871ff7694fffea381" id="wp-dom-ready-js"></script> <script type="text/javascript" src="https://shareholderadvocacyforum.org/wp-includes/js/dist/hooks.min.js?ver=4d63a3d491d11ffd8ac6" id="wp-hooks-js"></script> <script type="text/javascript" src="https://shareholderadvocacyforum.org/wp-includes/js/dist/i18n.min.js?ver=5e580eb46a90c2b997e6" id="wp-i18n-js"></script> <script type="text/javascript" id="wp-i18n-js-after"> /* <![CDATA[ */ wp.i18n.setLocaleData( { 'text direction\u0004ltr': [ 'ltr' ] } ); /* ]]> */ </script> <script type="text/javascript" src="https://shareholderadvocacyforum.org/wp-includes/js/dist/a11y.min.js?ver=3156534cc54473497e14" id="wp-a11y-js"></script> <script type="text/javascript" defer='defer' src="https://shareholderadvocacyforum.org/wp-content/plugins/gravityforms/js/jquery.json.min.js?ver=2.8.18" id="gform_json-js"></script> <script type="text/javascript" id="gform_gravityforms-js-extra"> /* <![CDATA[ */ var gform_i18n = {"datepicker":{"days":{"monday":"Mo","tuesday":"Tu","wednesday":"We","thursday":"Th","friday":"Fr","saturday":"Sa","sunday":"Su"},"months":{"january":"January","february":"February","march":"March","april":"April","may":"May","june":"June","july":"July","august":"August","september":"September","october":"October","november":"November","december":"December"},"firstDay":0,"iconText":"Select date"}}; var gf_legacy_multi = []; var gform_gravityforms = {"strings":{"invalid_file_extension":"This type of file is not allowed. 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