Massachusetts H1922 mandates fair investment practices for professional investors.
Massachusetts H1922 establishes compliance guidelines for professional investors, including venture capital firms, private equity firms, hedge funds, and investment banks. These guidelines require written policies, self-evaluations, and adherence to rules set by the attorney general. The bill aims to ensure fair investment practices, particularly benefiting historically disadvantaged members of protected classes. Non-compliance is considered an unfair or deceptive trade practice.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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