A bill to improve access for diverse-owned asset management firms, and for other purposes.
Too Narrow to Succeed Act
This bill requires federal institutional investors to report on their use of diverse-owned asset management firms. Additionally, the Department of Labor must conduct a survey of public- and private-sector pension plans regarding best practices for increasing the utilization and capacity of diverse-owned asset management firms.
Referred to the Subcommittee on Water Resources and Environment.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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