If there is documented evidence that suggests that there is a category of criteria that promoting this category results in a lower return to investors, then anybody advising that would be failing to live up to their fiduciary obligations.
Toomey emphasizes fiduciary responsibility regarding investment returns and ESG criteria.
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I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
It is absolutely essential to investigate any fraud and violations of existing law, and prosecute those who are committing those crimes.
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