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.