Tell Congress to support genocide-free investing
On November 30, 2010, Investors Against Genocide testified at a Congressional hearing of the House Financial Services Subcommittee on International Monetary Policy and Trade on Investments Tied to Genocide: Sudan Divestment and Beyond. Eric Cohen, chairperson of IAG, proposed transparency and disclosure rules to empower investors to be able to choose to avoid connections, through their mutual funds, to the worst human rights abuses.
Research has shown that Americans are overwhelmingly opposed to having their savings tied to genocide. Nonetheless, because most investors entrust their savings to mutual funds, millions of Americans are investing, unknowingly, inadvertently, and against their will, in companies funding genocide. We believe that improvements in disclosure and transparency rules can bring a much needed, dramatic change to the financial industry.
You can help by signing the petition below that asks your representative in the House of Representatives to do what he/she can to support genocide-free investing.
Watch the video of the hearing or read more about the hearing and the details of our legislative recommendations online here.
I support efforts to pass legislation that will increase transparency and disclosure by financial firms regarding investments in companies that substantially contribute to genocide or crimes against humanity. I hope legislation will empower the vast majority of Americans, who do not want their hard-earned savings connected to egregious human rights abuses, to make informed decisions and to avoid such connections should they choose to do so.
Please do what you can to support the initiative to advance genocide-free investing that was introduced at the Congressional hearing of the House Financial Services Subcommittee on International Monetary Policy and Trade on November 30, 2010.
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