main street investors FTI
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</font></div><div><font size="4" face="Times New Roman">=</font></div><div><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">=</font></div><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"><a href="https://www.nytimes.com/2020/11/11/climate/fti-consulting.html" style="text-decoration-line: none; font-weight: bold; outline: none;">https://www.nytimes.com/2020/11/11/climate/fti-consulting.html</a></font></div><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman" /><div><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman"><font size="4" face="Times New Roman">
</font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></font></div><div><b>How One Firm Drove Influence Campaigns Nationwide for Big Oil</b></div><div>FTI, a global consulting firm, helped design, staff and run organizations and websites funded by energy companies that can appear to represent grass-roots support for fossil-fuel initiatives.</div><div>
</div><div>The headquarters of FTI, which has a prominent role in influence campaigns supporting fossil fuels, in Washington.]</div><div>
</div><div>By Hiroko Tabuchi</div><div><b>Nov. 11, 2020</b></div><div>
</div><div>In early 2017, the Texans for Natural Gas website went live to urge voters to “thank a roughneck” and support fracking. Around the same time, the Arctic Energy Center ramped up its advocacy for drilling in Alaskan waters and in a vast Arctic wildlife refuge. The next year, the Main Street Investors Coalition warned that climate activism doesn’t help mom-and-pop investors in the stock market.</div><div>
</div><div>All three appeared to be separate efforts to amplify local voices or speak up for regular people.</div><div>
</div><div>On closer look, however, the groups had something in common: They were part of a network of corporate influence campaigns designed, staffed and at times run by FTI Consulting, which had been hired by some of the largest oil and gas companies in the world to help them promote fossil fuels.</div><div>
</div><div><p style="margin: 0px 0px 1.71429rem; padding: 0px; border: 0px; vertical-align: baseline; line-height: 1.71429;">...</p><p style="margin: 0px 0px 1.71429rem; padding: 0px; border: 0px; vertical-align: baseline; line-height: 1.71429;">An examination of FTI’s work provides an anatomy of the oil industry’s efforts to influence public opinion in the face of increasing political pressure over climate change, an issue likely to grow in prominence, given President-elect Joseph R. Biden Jr.’s pledge to pursue bolder climate regulations. The campaigns often obscure the industry’s role, portraying pro-petroleum groups as grass-roots movements.</p><p style="margin: 0px 0px 1.71429rem; padding: 0px; border: 0px; vertical-align: baseline; line-height: 1.71429;"><b>As part of its services to the industry, FTI monitored environmental activists online, and in one instance an employee created a fake Facebook persona — an imaginary, middle-aged Texas woman with a dog — to help keep tabs on protesters.</b> Former FTI employees say they studied other online influence campaigns and compiled strategies for affecting public discourse. They helped run a campaign that sought a securities rule change, described as protecting the interests of mom-and-pop investors, that aimed to protect oil and gas companies from shareholder pressure to address climate and other concerns....</p></div></div><div style="background-color: rgb(255, 255, 255);"><blockquote><font size="4" face="Times New Roman">FTI employees also staffed two news and information sites, Energy In Depth and Western Wire, writing pro-industry articles on fracking, climate lawsuits and other hot-button issues. <b>Former employees familiar with Energy In Depth said the site’s content had direction from Exxon Mobil, </b>one of the major clients of the FTI division that worked on these oil and gas campaigns.</font></blockquote><blockquote><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The Energy In Depth website notes its affiliation with an energy trade group [ipaa?] that Exxon is a member of, though not Exxon’s role in directing content that the site published. </font><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">This article is based on interviews with a dozen former FTI employees, including former managing directors, a review of hundreds of internal FTI documents and an examination of the digital trail of domain-name registrations and other details left by the creation of the websites. <span style="background-color: rgb(255, 255, 102);">In all, FTI has been involved in the operations of at least 15 current and past influence campaigns promoting fossil-fuel interests in addition to its direct work for oil and gas clients.</span>
Matthew Bashalany, an FTI spokesman, disputed the idea that FTI worked behind the scenes for these groups. <b>[FTI lies in its own defense]</b>[1] “We hide behind no one,” he said.
“We summarily reject as false, misleading and <b>defamatory </b>the general narrative and specific claims,” he said. “We hold ourselves to the highest professional and ethical standards of conduct; when and where shortfalls are identified in this regard, they are addressed appropriately.”</font></div></blockquote><div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">This is just a reminder that the real war in America is over winning hearts and minds. The goal for rich and powerful people and interests is gaining and maintaining wealth and power. The goal for the masses, or the mob as the radical right sees it, is a better deal based on less economic inequality and special interest over public interest influence (i.e., money and power). </font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">This is an all-out war of dark free speech (lies, deceit, irrational emotional manipulation, self-serving motivated reasoning, etc.) against the masses. Unfortunately, dark free speech is more powerful than honest free speech. The playing field is heavily tilted in favor of the rich and powerful as it usually is and has been throughout history.</font></div></div></div><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">=</font></div><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">full txt</font></div><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">
</font></div><div style="background-color: rgb(255, 255, 255);"><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">fTI, a global consulting firm, helped design, staff and run organizations and websites funded by energy companies that can appear to represent grass-roots support for fossil-fuel initiatives.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">In early 2017, the Texans for Natural Gas website went live to urge voters to “thank a roughneck” and support fracking. Around the same time, the Arctic Energy Center ramped up its advocacy for drilling in Alaskan waters and in a vast Arctic wildlife refuge. The next year, the Main Street Investors Coalition warned that climate activism doesn’t help mom-and-pop investors in the stock market.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">All three appeared to be separate efforts to amplify local voices or speak up for regular people.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">On closer look, however, the groups had something in common: They were part of a network of corporate influence campaigns designed, staffed and at times run by FTI Consulting, which had been hired by some of the largest oil and gas companies in the world to help them promote fossil fuels.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">An examination of FTI’s work provides an anatomy of the oil industry’s efforts to influence public opinion in the face of increasing political pressure over climate change, an issue likely to grow in prominence, given President-elect Joseph R. Biden Jr.’s pledge to pursue bolder climate regulations. The campaigns often obscure the industry’s role, portraying pro-petroleum groups as grass-roots movements.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>As part of its services to the industry, FTI monitored environmental activists online</b>, and in one instance an employee created a fake Facebook persona — an imaginary, middle-aged Texas woman with a dog — to help keep tabs on protesters. Former FTI employees say they studied other online influence campaigns and compiled strategies for affecting public discourse. They helped run a campaign that sought a securities rule change, described as protecting the interests of mom-and-pop investors, that aimed to protect oil and gas companies from shareholder pressure to address climate and other concerns.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">FTI employees also staffed two news and information sites, Energy In Depth and Western Wire, writing pro-industry articles on fracking, climate lawsuits and other hot-button issues. Former employees familiar with Energy In Depth said the site’s content had direction from Exxon Mobil, one of the major clients of the FTI division that worked on these oil and gas campaigns.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">The Energy In Depth website notes its affiliation with an energy trade group that Exxon is a member of, though not Exxon’s role in directing content that the site published.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">This article is based on interviews with a dozen former FTI employees, including former managing directors, a review of hundreds of internal FTI documents and an examination of the digital trail of domain-name registrations and other details left by the creation of the websites. In all, FTI has been involved in the operations of at least 15 current and past influence campaigns promoting fossil-fuel interests in addition to its direct work for oil and gas clients.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Matthew Bashalany, an FTI spokesman, disputed the idea that FTI worked behind the scenes for these groups. “We hide behind no one,” he said.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">“We summarily reject as false, misleading and defamatory the general narrative and specific claims,” he said. “We hold ourselves to the highest professional and ethical standards of conduct; when and where shortfalls are identified in this regard, they are addressed appropriately.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">An Exxon spokesman, Casey Norton, said he would not comment on the findings because he considered the reporter to be biased against the fossil fuel industry. Kathleen Sgamma, a spokeswoman for the Western Energy Alliance, which funds Western Wire, said her group had been open about its partnership with FTI and about its approach to fracking.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>The business of corporate consulting and public relations is vast, and countless companies routinely provide media outreach, public messaging, crisis management and other services. FTI is among them, and it has taken up an important role in helping promote the messages of the fossil fuel industr</b>y.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Those messages have sometimes run counter to the scientific consensus that the world must burn less oil and gas to avoid the worst effects of global warming. <b>Texans for Natural Gas</b>, for example, has downplayed the magnitude of emissions of methane, the prime component of natural gas and a potent greenhouse gas, from oil and gas production.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">FTI’s work is the latest chapter in a long history of campaigns by the fossil fuel industry, political strategists and public relations professionals to influence climate policy. The industry has faced tough headwinds this year, in particular, as demand for oil and gas has tumbled amid the pandemic.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">Founded in 1982 in Annapolis, Md., as a firm tha<b>t provided expert witnesses and presentations for litigation, </b>FTI has grown into a multinational firm that employs almost 5,000 people in 28 countries. Its business spans a wide range of services, from business consulting to crisis communications.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>One of FTI’s largest shareholders, the investment firm BlackRock,</b> won kudos this year for saying it would put environmental sustainability at the center of its investment approach.<b> </b><span style="background-color: rgb(255, 153, 0);"><b>Main Street Investors</b>, one of FTI’s projects, has spoken out against shareholders who press corporations on climate and other issues — an effort that would seem to be in conflict with BlackRock’s stance.</span></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Mr. Bashalany, the FTI spokesman, said the firm’s work “in no way contravenes — nor is it misaligned with” BlackRock’s statement. <b>BlackRock declined to comment.</b></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><span class="bold" style="box-sizing: border-box; font-weight: 700;"><font size="4" face="Times New Roman">‘Do something big’</font></span></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">On a clear day in July, a plane soared over America’s biggest oil and gas field with a banner trailing behind it that read: “Thank you essential oil and gas workers.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">“We wanted to do something big, and what’s bigger than an airplane with a banner?” Elizabeth Caldwell of<span style="background-color: rgb(255, 255, 102);"> Texans for Natural Gas said in a statement. The group, which describes itself as a local organization representing “citizens and officeholders, business owners and students” with more than 400,000 supporters, is funded by oil and gas companies including<b> XTO Energy, an Exxon subsidiary,</b> according to its website.</span></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">The statement identifies Ms. Caldwell as “a spokeswoman for the<span style="background-color: rgb(255, 255, 102);"><b> grass-roots organization.” </b>She is also a director at FTI, according to her LinkedIn page</span>. (There was nothing unusual about an organization receiving corporate support and public relations help, FTI’s spokesman said.)</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Acting as Texans for Natural Gas representatives, FTI employees have launched pro-industry petitions, produced videos and reports on the importance of the<b> Permian Basin</b> oil field, and written<b> opinion pieces for local newspapers</b> supporting fossil fuels. <span style="background-color: rgb(255, 255, 102);">The site features testimonials from three women, two of whom are represented with stock photos and one with a photo used without permission from the Flickr page of a photographer in the Philippines.</span></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">FTI’s Mr. Bashalany acknowledged the use of the stock photos and said adjustments would be made to avoid confusion. He said the supporters and testimonials were real.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 153, 0);">Texans for Natural Gas has also shared misleading information about greenhouse gas emissions. In 2018, it issued a study inaccurately claiming that emissions of methane had decreased significantly in the heart of Texas oil country at the height of the fracking boom.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">To arrive at that conclusion, scientists say, the report tallied data from the Environmental Protection Agency that the agency itself states does not represent overall emissions: The numbers, which are reported by the energy industry about a limited number of compressor stations and other facilities, do not include emissions from the area’s thousands of wells.<b> The data are “too low by at least a factor of two, and quite likely more,” said Robert W. Howarth, a professor at Cornell University who has researched methane emissions.</b></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">FTI stood by the report, calling its findings “on track with broader trends in Texas’ oil fields.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Texans for Natural Gas is just one campaign run with the help of<b> FTI employees. Others include: Citizens to Protect PA Jobs, New Mexicans for Economic Prosperity, the Liberty Energy Project and the Arctic Energy Center,</b> according to interviews, internal documents and an examination of the digital trail of domain-name registrations and other details left by the creation of the websites.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Another such organization, the <b>Marcellus Shale Coalition</b>, said of FTI in a statement: “We are proud to have them as a contract partner, especially when it comes to direct and transparent media support.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><span class="bold" style="box-sizing: border-box; font-weight: 700;"><font size="4" face="Times New Roman">‘Susan,’ the fake Facebook user</font></span></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 255, 102);">Within FTI, a group called StratCom, short for Strategic Communications, focuses on industry messaging campaigns.</span> In the United States, the group is led by <span style="background-color: rgb(255, 153, 0);">Brian Kennedy, former press secretary for the office of the House minority leader and a former spokesman for Transocean, the drilling contractor involved in the 2010 BP oil spill in the Gulf of Mexico.</span></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>The StratCom group studied environmental protesters on behalf of the driller Apache Energy. </b>Apache was seeking to drill near Balmorhea State Park in Texas and was concerned that protesters were planning camps similar to those set up to oppose the Dakota Access Pipeline, according to two people with direct knowledge of the work.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">One FTI document prepared for Apache, dated Jan. 25, 2017, included a link to a list of groceries and camp supplies compiled by organizers, which the document said provided a hint of the proposed camp’s size.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The fictitious Facebook profile — of a Texas woman named Susan McDonald who likes ice cream, the movie “Annie” and her local farmers’ market — was also intended to help FTI keep tabs on activists, former FTI employees said. The “friends” list on the fake profile, which remained present on Facebook as of Wednesday, includes one current and one former FTI employee.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Mr. Bashalany of FTI said, “A Facebook profile was created by a <b>former </b>employee to monitor social media anonymously. This was wrong, and it is against our policy.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Apache declined to comment on the substance of the reporting.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>StratCom employees also studied and developed strategies designed to influence public discourse, according to five former employees</b>. An internal document dated Nov. 20, 2015, <span style="background-color: rgb(255, 255, 102);">laid out various techniques. The “Semantic Nitpicker,” the document explained, “asks an endless series of questions.” The “Dog Typing on a Keyboard” uses “very poor grammar, spelling and punctuation and posts frequently to clutter up the thread and make it hard to read.”</span></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 153, 0);">A successful effort, the document advised, might use several commenters, “each with an assigned role.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Mr. Bashalany said senior managers were never aware of the document and it “never informed any activities or approaches to social or digital media engagement of any kind.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>Other campaigns used common techniques, buying social media ads to target people with interests in Alaska and energy and steer them toward the Arctic Energy Center, an industry-funded site that promoted drilling in the waters off Alaska and in the Arctic National Wildlife Refuge.</b></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><span style="background-color: rgb(255, 153, 0);">Exxon was a backer of the Arctic Energy Center, </span>according to documents and people who worked on the project. An FTI presentation prepared for Exxon, dated July 13, 2016, showed Exxon was scheduled to spend $120,000 over six months across social-media platforms, a draft budget dated the previous month shows.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The Arctic Energy Center’s website has since been taken down.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><span class="bold" style="box-sizing: border-box; font-weight: 700;"><font size="4" face="Times New Roman">Climate lawsuit spurs action</font></span></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">In 2018, as New York City moved to sue Exxon Mobil and other fossil fuel companies, claiming that the companies had defrauded shareholders by downplaying climate change, a team within FTI’s StratCom group prepared a pushback.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The task at hand was to produce an article and tweets for Energy In Depth, the pro-industry site. The target:<b> Mayor Bill de Blasio of New York, who was under fire at the time for his SUV use.</b></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">According to an internal planning calendar, one tweet should show “Bill de Blasio in a giant SUV, wearing shirt that says WAR ON FOSSIL FUELS, or maybe a speech bubble with WAR ON FOSSIL FUELS!”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>New York lost that court battle.</b></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">According to its website, Energy In Depth is a project of the Independent Petroleum Association of America, a trade organization representing hundreds of mostly smaller oil and gas producers. FTI employees familiar with the project said the site’s content had direction from Exxon. FTI employees also wrote much of the content published on Energy In Depth.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 153, 0);">In a statement, an Independent Petroleum Association of America senior vice president,<b> Jeff Eshelman</b>, said “support for Energy In Depth comes from a wide segment of industry.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Mr. Bashalany, the FTI spokesman, said, “Any contention that it is supported in whole or even substantially in part by one company is categorically false.” He said FTI staff members reach out to companies, academics and others for input, “not the other way around.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Energy In Depth, along with the other industry-funded site tha<b>t FTI helps run, Western Wire,</b> has been central to the fossil fuel industry’s championing of fracking. Both sites, <span style="background-color: rgb(255, 255, 102);">staffed by FTI writers, have pushed back against the #ExxonKnew campaign </span>waged by environmental activists, which claims that the company knew about climate change for decades yet blocked action to confront it.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><span class="bold" style="box-sizing: border-box; font-weight: 700;"><font size="4" face="Times New Roman">‘This is really fishy’</font></span></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">In spring 2018, Nell Minow noticed a tweet from a new group, one she had never heard of, seeming to support small investors. Ms. Minow, vice chair of ValueEdge, a firm that advises investors, and a longtime advocate for mom-and-pop investors, was excited.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">“I thought, ‘Great, a shareholder group! I need to know about them,’” she said. “Then I started looking into them and thought, this is really fishy.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">Though the group, <span style="background-color: rgb(255, 255, 102);"><b>Main Street Investors, </b>described itself as representing small investors, it was started by a number of industry organizations, including the National Association of Manufacturers. Main Street has criticized the ability of pension funds and other powerful investors to influence companies’ policies on matters like climate and the environment.</span></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">Working for the National Association of Manufacturers, FTI produced a study arguing that activist shareholders tend not to help shareholder value. The report’s five authors were employees of the consulting firm Compass Lexecon, a wholly owned FTI subsidiary. The Main Street Investors website is now offline.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>FTI also worked with the Independent Petroleum Association of America, the industry group associated with Energy In Depth, to start DivestmentFacts.com, </b>which warns that divesting from fossil fuels — a growing trend among university endowments and pension funds — could cost those institutions millions of dollars.<span style="background-color: rgb(255, 153, 0);"> At least six academic papers published on Divestmentfacts.com were by professors who, in addition to their university jobs, were also working for Compass Lexecon, the FTI subsidiary.</span></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>FTI monitored Ms. Minow after she publicly said Main Street Investors </b>was using “inflammatory language, unsupported assertions, and out-and-out falsehoods” to spread its message. Internal memos show FTI employees compiled reports on her background, noting, among other things, that she was once dubbed “the C.E.O. killer” by Fortune magazine for her record of ousting underperforming executives. FTI also tracked her tweets in a spreadsheet.</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman">FTI’s Mr. Bashalany said that no attempt had been made to hide any of the report authors’ affiliation. He said neither FTI through its Compass Lexecon subsidiary nor its clients “had any influence whatsoever over the form or direction” of the reports. FTI staff conducted “some basic biographic research” of Ms. Minow, he said, “but that’s it — we did nothing else.”</font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman"><b>This month, the Independent Petroleum Association of America, t</b>he oil and gas lobby group, announced it had launched a major initiative to support oil and gas companies looking into adopting environmental, social and governance strategies. In its announcement, the group stressed the<span style="background-color: rgb(255, 255, 102);"> importance of efforts that were “<b>authentic</b> and effective.”</span></font></p><p style="margin: 0px 0px 17px; box-sizing: border-box;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">Its partner in the endeavor is FTI.</font></p></div><div style="background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">=</font></div></div><div><font size="4" face="Times New Roman">=</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">=</font></div><div><font size="4" face="Times New Roman">harv law</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">...h<span style="text-align: justify; background-color: rgb(255, 255, 255);">ere’s a tip from a long-time Washington DC lawyer: the more folksy or patriotic the name of the group, the more likely that it is funded by people who are promoting exactly the opposite of what it is trying to pretend to be. And thus we have the </span><span style="background-color: rgb(255, 255, 102);"><a href="https://mainstreetinvestors.org/" class="external" rel="nofollow" target="blank" style="text-align: justify; text-decoration-line: none;">Main Street Investors Coalition</a><span style="text-align: justify;">, which bills itself as “bring[ing] together groups and individuals who have an interest in amplifying the voice of America’s retail investor community.”</span></span></font></div><div id="post-108196" class="post-108196 post type-post status-publish format-standard hentry category-accounting-disclosure category-corporate-elections-and-voting category-corporate-social-responsibility category-institutional-investors category-insights-from-practice tag-disclosure tag-environmental-disclosure tag-esg tag-index-funds tag-institutional-investors tag-long-term-value tag-oversight tag-proxy-voting tag-retail-investors tag-shareholder-proposal tag-shareholder-voting lawfirm-valueedge-advisors contributors-nell-minow" style=""><div class="entry-content" style="float: left; margin-bottom: 10px; border-bottom: 1px dotted gray;"><div itemscope="" itemtype="https://schema.org/Article" style=""><p style="margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman" style=""><span style="background-color: rgb(255, 255, 255);">I</span><span style="background-color: rgb(255, 153, 0);"><b style="">n reality, it is a corporate-funded group with no real ties to retail investors, and its advocacy is as fake as its name</b>. MSIC uses inflammatory language, unsupported assertions, and out-and-out falsehoods to try to discredit the institutional investors who file and support non-binding shareholder proposals. </span></font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">While these proposals are filed at a very small fraction of publicly traded companies and even a 100 percent vote does not require the company to comply, somehow, this very foundational aspect of free market checks and balances is so overwhelming a prospect to corporate executives that they are unable to provide a substantive response and instead establish what in Washington is referred to as an “<b>astroturf”</b> (fake grassroots) organization, setting up a false dichotomy between the interests of large and small shareholders.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman"><span id="more-108196" /></font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">MSIC says:</font></p><blockquote style="background-color: rgb(255, 255, 255); border-left: 8px solid rgb(236, 236, 232); padding-left: 10px; margin-left: 25px; margin-right: 25px;"><p style="margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">[A]s the size and influence of these massive institutional holders has grown, so too has their power, influence and share of voice — drowning out the voices and interests of Main Street investors who, despite controlling the single largest pool of equity capital in the world, have almost no ability today to influence the decisions these funds make on their behalf, with their money.</font></p></blockquote><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">Of course this completely overlooks the fact that institutional investors are fiduciaries representing everyday working people like teachers, firefighters, and employees of publicly traded companies. What the folksy-sounding, corporate-front Main Street Investors want to do is divide and conquer. They know they can no longer rely on the support of investors smart and focused enough to tell when corporate management has gone off the track and big enough to make their views meaningful. So, they pretend to be concerned about some mythic, stock-picking investors who will read through the proxy statements and decide to vote for management’s recommendation.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman"> If MSIC really cared about the power of individual shareholders, and if in fact they controlled the single largest pool of equity capital in the world, it would help them to vote their proxies more effectively. It would help them provide oversight to the institutions who manage their money, perhaps circulating reports on the annual disclosures of how the funds vote. After all, index funds have the same fees and returns, but there are differences in how they vote their proxies. Then the investors could decide whether, for example, Vanguard’s votes on CEO pay were more appealing than Fidelity’s.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman"><b>MSIC’s faux populism about the “real” investor being mom and pop</b> and their little basket of stocks ignores the reality that most working people invest through intermediaries like mutual funds because they perform better. The whole idea of institutional investors is based on the reality that they do better than individuals who do not have the time, resources, or expertise. And it makes sense that the same people who make the buy, hold, and sell decisions should make the decisions about how to vote on proxies as well.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">Capitalism, after all, is named for the investors who provide capital, not the executives. And it is founded on the idea of accountability to ensure confidence that the capital they provide will be used honorably. But now that investors are pushing back on issues like excessive CEO pay, ineffective boards, and failure to consider climate risk via advisory shareholder proposals, corporate executives are trying to kill the messenger. Corporate executives love to talk about the free market until it delivers a response they do not like.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman"><b>MSIC is not a membership organization</b>. Its board does not include representatives of the groups that actually do work with small investors, like, for example, the American Association of Individual Investors, which has excellent educational materials for its members, or Motley Fool and FolioInvesting, which provide services for individual investors. <b>Instead, MSIC has “partners” like the powerful corporate lobbying group the National Association of Manufacturers and the anti-public pension fund American Council for Capital Formation, which says on its website that its purpose is “exposing the politicization of corporate governance</b>.”</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">So we should be skeptical about their assertion that investors do not care about issues like the environment. <a href="https://www.huffingtonpost.com/entry/pwc-climate-change-of-more-concern-to-investors-than_us_59e51e04e4b04e9111a3e42a" class="external" rel="nofollow" target="blank" style="text-decoration-line: none;">PWC’s annual report</a> on boards found, to the contrary, that investors are much more concerned about incorporating environmental risk into corporate strategy than boards are. This is exactly why we have a system allowing for shareholder proposals: to send a message when there is a disconnect between investor and director priorities.</font></p><p style="margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">The Main Street Investors Coalition has been tweeting about a new academic study that purports to show that shareholder resolutions have an adverse impact on share price. And where do we find that study? <a href="http://www.shopfloor.org/shareholder-resolutions-survey/" class="external" rel="nofollow" target="blank" style="text-decoration-line: none;">On the website of the NAM</a>, which paid for it. That subsidy alone should make anyone skeptical about its findings.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman"><b>There are further flaws as well. One is MSIC’s constant use of the term “political” to describe shareholder resolutions to indicate that their purpose is counter to shareholder value. </b>On the contrary. These proposals, filed by fiduciaries who represent large, sophisticated financial institutions acting on behalf of millions of small pension plan participants in most cases, are explicitly grounded in the promotion of long-term shareholder value. SEC rules strictly limit the subject matter of these non-binding shareholder proposals to matters directly relating to legitimate areas for investor feedback. Every one of the proposals is explicitly tied to investor concerns about long-term, sustainable growth.</font></p><p style="margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman" style=""><span style="background-color: rgb(255, 255, 255);">If</span><span style="background-color: rgb(255, 255, 102);"> corporate management would like to explain on the merits why their positions are incorrect, they have as much room in the proxy statement as they like to rebut it (while shareholders are limited to 500 words). But so far, they have not been persuasive, which is why shareholder resolutions on better disclosure of climate risk, for example, have had support from <a href="https://www.nytimes.com/2017/05/31/business/energy-environment/exxon-shareholders-climate-change.html" class="external" rel="nofollow" target="blank" style="text-decoration-line: none;">almost two-thirds of investors</a>. No wonder—78 percent of directors at the largest companies have said that climate change was never or seldom discussed in their board meetings. If corporate executives want to explain why that is appropriate, they will have to do better than they have so far.</span></font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">Even with strong support for a few advisory resolutions, there is no evidence that financial institutions managing billions of dollars have all of a sudden turned into the Sierra Club. Approximately half of top asset managers opposed more than 50 percent of key climate-related proposals in 2017, and several top managers voted against more than 85 percent of key climate proposals. Eight of the top ten asset managers failed to support key climate votes more than 50 percent of the time. At the very least, this shows that the institutions MSIC is so shrill about are reviewing the proposals carefully and making distinctions between those they do and do not want to support. And that means that the votes are not in any way “political.”</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">The<b> study MSIC is promoting uses highly suspect metrics to purport to prove that these proposals do not help and can hurt shareholder value.</b> The study looks at the reaction of companies’ stock prices to both increased disclosure of climate-change-related information and shareholder proposals calling for such disclosure.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">In what way is that a relevant measure? There are innumerable factors that go into the pricing of stock on a given day, and no one is suggesting that the adoption of particular policies urged by shareholders will have the immediate positive stock price impact that, say, a generous tender offer would. These are complex, multi-layered issues and, more important, these are essentially permanent shareholders. They are not trying to time or manipulate the market. As corporate governance expert Beth Young points out, “The yardstick should not be whether a company’s stock price goes up upon disclosure of climate-related risk/opportunity disclosure; investors might see the disclosure and think that the company has more risk than previously understood, or decide that the risks are being poorly managed, in which case the right direction for the stock price is down.” It is not in investors’ interests to have the stock price inflated due to inadequate disclosure. If more information results in a more accurate stock price, that will help managers and directors make better decisions going forward.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">A<b>nd then there is the study’s “finding” that these proposals can impose millions of dollars of cost onto the corporati</b>ons. We reiterate that these proposals are not binding, so there is no obligation to spend any money at all. And we fully expect that corporate executives, as a matter of professional responsibility and fiduciary obligation, would never authorize expenditures unless they were supported by cost-benefit analysis. Yet we do not see benefits from complying included in these calculations. More important, we suspect that self-reported, unsubstantiated reports of costs may be inflated to a considerable degree.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">Perhaps the next step should be a shareholder proposal to stop wasting money on fake public interest groups and poorly designed studies.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">And yet, they are trying to undermine shareholder votes here. What is especially outrageous is their argument that mutual funds are “uninformed,” because what they are suggesting here is that individual investors are somehow more informed. On the contrary, individual investors entrust their money to managers who have the expertise, resources, and fiduciary obligation to buy, sell, hold, and vote their shares.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">In a post on this blog, MSIC asserts without any substantiation that retail investors don’t know and don’t approve of the way fund managers vote. They assert contrary to documented data that fund managers outsource their votes to proxy advisors. In reality, the data show that while institutional investors appreciate the analysis they receive from proxy advisors, they vote according to their own proxy voting policies, and the more complex or controversial the issue, the less likely they are to follow the proxy advisors’ recommendations. Proxy advisors are like securities analysts. No one has to buy their products. No one has to follow their recommendations. But their clients find them a valuable resource. It is also not true that proxy advisors are unregulated. We often see corporations object to any regulation except that which protects them from competition or other market tests, so we note that proxy advisors are subject to stringent restrictions when they register as investment advisors.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">MSIC engages in the slimiest possible rhetorical trick by assuming without evidence and contrary to the record that fund managers are somehow voting against the economic interests of their customers. They assert without any evidence that the people who manage money do not know what their customers want but they do.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">We do agree with one point made by MSIC: the best decisions about proxy voting are made by those with the most significant economic interest. MSIC has none; indeed its interests are entirely the other way. So until they fully disclose all of their sources of funding and put some actual retail investors on their board they should leave it to those who have not only economic interest but fiduciary obligation, and are thus in the best position to provide what even they acknowledge is “an important component of efficient corporate governance.” The only way to make that vital component effective is to respond to votes against management’s recommendations by engaging with shareholders, not creating fake advocacy groups to try to undermine them.</font></p><p style="background-color: rgb(255, 255, 255); margin: 4px 0px 12px; overflow-wrap: break-word; line-height: 1.4em; text-align: justify;"><font size="4" face="Times New Roman">[NOTE: In the interest of providing the transparency I am urging on MSIC, I am co-founder of four companies focused on corporate governance that provided services to institutional investors, including proxy advisory services at ISS, which I left in 1990. I have no ownership interest in any of those companies. I do not currently receive any income from institutional investors or expect to receive any in the future. I also serve on the board of a non-profit called the 5050 Climate Project that advises large shareholders on climate change-related matters, but accepts no payment from them.]</font></p></div></div></div><div class="entry-utility" style="background-color: rgb(255, 255, 255);"><div id="meta-tags" style="clear: both; margin-bottom: 10px; padding-bottom: 10px;"><div class="top-tags" style="margin-top: 10px; margin-bottom: 10px;"><font size="4" face="Times New Roman"><span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/disclosure/" rel="tag" style="text-decoration-line: none;">Disclosure</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/environmental-disclosure/" rel="tag" style="text-decoration-line: none;">Environmental disclosure</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/esg/" rel="tag" style="text-decoration-line: none;">ESG</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/index-funds/" rel="tag" style="text-decoration-line: none;">Index funds</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/institutional-investors/" rel="tag" style="text-decoration-line: none;">Institutional Investors</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/long-term-value/" rel="tag" style="text-decoration-line: none;">Long-Term value</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/oversight/" rel="tag" style="text-decoration-line: none;">Oversight</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/proxy-voting/" rel="tag" style="text-decoration-line: none;">Proxy voting</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/retail-investors/" rel="tag" style="text-decoration-line: none;">Retail investors</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/shareholder-proposal/" rel="tag" style="text-decoration-line: none;">Shareholder proposals</a></span>, <span style="margin-bottom: 3px;"><a href="https://corpgov.law.harvard.edu/tag/shareholder-voting/" rel="tag" style="text-decoration-line: none;">Shareholder voting</a></span>
<strong>More from: </strong><a href="https://corpgov.law.harvard.edu/contributor/nell-minow/" rel="tag" style="text-decoration-line: none;">Nell Minow</a>, <a href="https://corpgov.law.harvard.edu/lawfirm/valueedge-advisors/" rel="tag" style="text-decoration-line: none;">ValueEdge Advisors</a></font></div></div></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">=</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">ggl 5 22</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">...in </font></div><div><div class="ULSxyf" style="margin-bottom: 44px; background-color: rgb(255, 255, 255);"><block-component><div class="g mnr-c JnwWd g-blk" lang="en-US" data-hveid="CAUQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QjDYoAHoECAUQAA" style="line-height: 1.58; width: 652px; margin-top: 0px; margin-bottom: 30px; position: relative;"><font size="4" face="Times New Roman" /><div class="dG2XIf XzTjhb" style="box-shadow: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; border: none; border-radius: 8px; position: relative;"><font size="4" face="Times New Roman" /><div class="c2xzTb"><font size="4" face="Times New Roman" /><div class="xpdopen"><font size="4" face="Times New Roman" /><div class="ifM9O"><font size="4" face="Times New Roman" /><div class="yp1CPe wDYxhc NFQFxe viOShc LKPcQc" data-md="471" lang="en-US" style="clear: none; padding-top: 0px; border-radius: 8px;"><font size="4" face="Times New Roman" /><div class="V3FYCf"><font size="4" face="Times New Roman" /><div class="wDYxhc" data-md="61" lang="en-US" style="clear: none; padding-top: 0px; border-radius: 8px; padding-left: 0px; padding-right: 0px;"><font size="4" face="Times New Roman" /><div class="LGOjhe" data-attrid="wa:/description" aria-level="3" role="heading" data-hveid="CAcQAA" style="overflow: hidden; padding-bottom: 20px;"><font size="4" face="Times New Roman"><span class="ILfuVd" style="line-height: 24px;"><span class="hgKElc" style="padding: 0px 8px 0px 0px;"> fact, a group called “The Main Street Investors Coalition” emerged in 2018 to support Clayton's efforts to make changes to the rules by which investors could propose shareholder resolutions at company annual general meetings and to limit the ability of proxy advisors to give unvarnished voting advice to shareholders ...</span></span><span class="kX21rb ZYHQ7e" style="padding-right: 0px; display: inline-block; line-height: 1.34; white-space: nowrap;">Sep 24, 2020</span></font></div></div><div class="g" style="line-height: 1.58; width: 600px; margin: 0px; clear: both; padding-bottom: 0px;"><div data-hveid="CAYQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFSgAegQIBhAA"><div class="tF2Cxc" style="position: relative; clear: both; padding-bottom: 0px;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://www.morningstar.com/articles/1002322/sustainability-matters-new-sec-rule-weakens-influence-of-main-street-investors#::text=In%20fact%2C%20a%20group%20called,unvarnished%20voting%20advice%20to%20shareholders" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAYQAw" ping="/url?sa=t&source=web&rct=j&url=https://www.morningstar.com/articles/1002322/sustainability-matters-new-sec-rule-weakens-influence-of-main-street-investors%23::text%3DIn%2520fact%252C%2520a%2520group%2520called,unvarnished%2520voting%2520advice%2520to%2520shareholders&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAYQAw" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;">
</a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://www.morningstar.com/articles/1002322/sustainability-matters-new-sec-rule-weakens-influence-of-main-street-investors#::text=In%20fact%2C%20a%20group%20called,unvarnished%20voting%20advice%20to%20shareholders" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAYQAw" ping="/url?sa=t&source=web&rct=j&url=https://www.morningstar.com/articles/1002322/sustainability-matters-new-sec-rule-weakens-influence-of-main-street-investors%23::text%3DIn%2520fact%252C%2520a%2520group%2520called,unvarnished%2520voting%2520advice%2520to%2520shareholders&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAYQAw" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;">New SEC Rule Weakens Influence of Main Street Investors</a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://www.morningstar.com<span class="dyjrff qzEoUe" role="text" style=""> › articles › sustainability-ma...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFEAo" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQIBhAG"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; 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</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://corpgov.law.harvard.edu/2018/06/14/the-main-street-investors-coalition-is-an-industry-funded-effort-to-cut-off-shareholder-oversight/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAIQAQ" ping="/url?sa=t&source=web&rct=j&url=https://corpgov.law.harvard.edu/2018/06/14/the-main-street-investors-coalition-is-an-industry-funded-effort-to-cut-off-shareholder-oversight/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAIQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">The Main Street Investors Coalition is an Industry-Funded ...</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://corpgov.law.harvard.edu<span class="dyjrff qzEoUe" role="text" style=""> › 2018/06/14 › the-ma...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFEAY" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQIAhAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; 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flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman"><span class="MUxGbd wuQ4Ob WZ8Tjf" style="padding-top: 0px; margin-bottom: 0px;">Jun 14, 2018 — </span>And thus we have the <span style="font-weight: bold;">Main Street Investors Coalition</span>, which bills itself as “bring[ing] together groups and individuals who have an interest in ...</font></div></div><div class="NJo7tc Z26q7c" style="flex-direction: row; flex: 0 0 auto;" /></div></div><font size="4" face="Times New Roman"><span class="oUAcPd" id="fld_1" style="background-color: rgb(255, 255, 255);" /></font><div class="g tF2Cxc" data-hveid="CBYQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFSgAegQIFhAA" style="line-height: 1.58; width: 600px; margin-top: 0px; margin-bottom: 30px; position: relative; background-color: rgb(255, 255, 255);"><div class="jtfYYd" data-sokoban-container="ih6Jnb_OQvF3d" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"><div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://www.nytimes.com/2018/07/24/business/dealbook/main-street-investors-coalition.html" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAkQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.nytimes.com/2018/07/24/business/dealbook/main-street-investors-coalition.html&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAkQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://www.nytimes.com/2018/07/24/business/dealbook/main-street-investors-coalition.html" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAkQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.nytimes.com/2018/07/24/business/dealbook/main-street-investors-coalition.html&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAkQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">What's Behind a Pitch for the Little-Guy Investor? Big Money ...</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://www.nytimes.com<span class="dyjrff qzEoUe" role="text" style=""> › Business › DealBook</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFEBE" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQICRAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><font size="4" face="Times New Roman"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z" /></font></svg></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" jsdata="l7Bhpb;;CDFEBk cECq7c;;CDFEBo" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Qh-4GegQICRAF" /></font></div></div></div></div></div></div><div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman"><span class="MUxGbd wuQ4Ob WZ8Tjf" style="padding-top: 0px; margin-bottom: 0px;">Jul 24, 2018 — </span>The truth of the <span style="font-weight: bold;">Main Street Investors Coalition</span> is that it is an organization aimed at preventing investment firms from raising issues like ...</font></div></div><div class="NJo7tc Z26q7c" style="flex-direction: row; flex: 0 0 auto;" /></div></div><div class="g tF2Cxc" data-hveid="CBQQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFSgAegQIFBAA" style="line-height: 1.58; width: 600px; margin-top: 0px; margin-bottom: 30px; position: relative; background-color: rgb(255, 255, 255);"><div class="jtfYYd" data-sokoban-container="ih6Jnb_kRgr4b" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"><div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://www.corporatesecretary.com/tags/main-street-investors-coalition" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAsQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.corporatesecretary.com/tags/main-street-investors-coalition&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAsQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://www.corporatesecretary.com/tags/main-street-investors-coalition" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAsQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.corporatesecretary.com/tags/main-street-investors-coalition&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAsQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">Main Street Investors Coalition | Corporate Secretary</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://www.corporatesecretary.com<span class="dyjrff qzEoUe" role="text" style=""> › tags › main-street...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFEA8" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQICxAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><font size="4" face="Times New Roman"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z" /></font></svg></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" jsdata="l7Bhpb;;CDFEBU cECq7c;;CDFEBc" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Qh-4GegQICxAF" /></font></div></div></div></div></div></div><div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman">Industry and <span style="font-weight: bold;">investment</span> groups this week banded together to launch an education and advocacy campaign aimed at boosting retail...Read more.</font></div></div><div class="NJo7tc Z26q7c" style="flex-direction: row; flex: 0 0 auto;" /></div></div><div class="g tF2Cxc" data-hveid="CBoQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFSgAegQIGhAA" style="line-height: 1.58; width: 600px; margin-top: 0px; margin-bottom: 30px; position: relative; background-color: rgb(255, 255, 255);"><div class="jtfYYd" data-sokoban-container="ih6Jnb_YI0Cm" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"><div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://www.prnewswire.com/news-releases/leading-national-associations-announce-launch-of-first-of-its-kind-investor-coalition-300652366.html" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECA4QAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.prnewswire.com/news-releases/leading-national-associations-announce-launch-of-first-of-its-kind-investor-coalition-300652366.html&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECA4QAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://www.prnewswire.com/news-releases/leading-national-associations-announce-launch-of-first-of-its-kind-investor-coalition-300652366.html" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECA4QAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.prnewswire.com/news-releases/leading-national-associations-announce-launch-of-first-of-its-kind-investor-coalition-300652366.html&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECA4QAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">Leading National Associations Announce Launch of First-Of ...</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://www.prnewswire.com<span class="dyjrff qzEoUe" role="text" style=""> › news-releases › leading-...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFEBM" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQIDhAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><font size="4" face="Times New Roman"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z" /></font></svg></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" jsdata="l7Bhpb;;CDFEB0 cECq7c;;CDFEB8" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Qh-4GegQIDhAF" /></font></div></div></div></div></div></div><div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman"><span class="MUxGbd wuQ4Ob WZ8Tjf" style="padding-top: 0px; margin-bottom: 0px;">May 22, 2018 — </span>The <span style="font-weight: bold;">Main Street Investors Coalition</span> was created to raise investors' awareness of how the system works and currently is being abused – and ...</font></div></div><div class="NJo7tc Z26q7c" style="flex-direction: row; flex: 0 0 auto;" /></div></div><div class="g tF2Cxc" data-hveid="CBkQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFSgAegQIGRAA" style="line-height: 1.58; width: 600px; margin-top: 0px; margin-bottom: 30px; position: relative; background-color: rgb(255, 255, 255);"><div class="jtfYYd" data-sokoban-container="ih6Jnb_srgPL" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"><div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://valueedgeadvisors.com/tag/main-street-investors-coalition/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAwQAQ" ping="/url?sa=t&source=web&rct=j&url=https://valueedgeadvisors.com/tag/main-street-investors-coalition/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAwQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://valueedgeadvisors.com/tag/main-street-investors-coalition/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAwQAQ" ping="/url?sa=t&source=web&rct=j&url=https://valueedgeadvisors.com/tag/main-street-investors-coalition/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAwQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">Tag: main street investors coalition - ValueEdge Advisors</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://valueedgeadvisors.com<span class="dyjrff qzEoUe" role="text" style=""> › tag › main-street-invest...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFEBI" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQIDBAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><font size="4" face="Times New Roman"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z" /></font></svg></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" jsdata="l7Bhpb;;CDFEBw cECq7c;;CDFEB4" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Qh-4GegQIDBAF" /></font></div></div></div></div></div></div><div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman">Just to recap, this is the CEO-funded organization that has no relationship whatsoever to <span style="font-weight: bold;">Main Street</span> or <span style="font-weight: bold;">investors</span> and the only <span style="font-weight: bold;">coalition</span> it represents is the ...</font></div></div><div class="NJo7tc Z26q7c" style="flex-direction: row; flex: 0 0 auto;" /></div></div><div data-hveid="CCAQAA" style="background-color: rgb(255, 255, 255);"><div class="g" style="line-height: 1.58; width: 600px; margin-top: 0px; margin-bottom: 30px;"><div><div data-hveid="CB4QAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFSgAegQIHhAA" style="width: 600px;"><div class="jtfYYd" data-sokoban-container="ih6Jnb_H8lTFc" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"><div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://www.corpgov.net/2019/01/nam-stop-supporting-main-street-investors-coalition-say-real-investors/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECBsQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.corpgov.net/2019/01/nam-stop-supporting-main-street-investors-coalition-say-real-investors/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECBsQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://www.corpgov.net/2019/01/nam-stop-supporting-main-street-investors-coalition-say-real-investors/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECBsQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.corpgov.net/2019/01/nam-stop-supporting-main-street-investors-coalition-say-real-investors/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECBsQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">NAM: Stop Supporting 'Main Street Investors' Coalition Say ...</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://www.corpgov.net<span class="dyjrff qzEoUe" role="text" style=""> › 2019/01 › nam-stop-support...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFECE" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQIGxAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><font size="4" face="Times New Roman"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z" /></font></svg></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" jsdata="l7Bhpb;;CDFECI cECq7c;;CDFECM" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Qh-4GegQIGxAF" /></font></div></div></div></div></div></div><div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman"><span class="MUxGbd wuQ4Ob WZ8Tjf" style="padding-top: 0px; margin-bottom: 0px;">Jan 23, 2019 — </span>The <span style="font-weight: bold;">Main Street Investors Coalition</span> fights a rear-guard battle. Yes, they can fund surveys that find most people invest primarily to earn money, ...</font></div></div></div></div></div><div class="d4rhi"><ul class="FxLDp" style="margin: 0px; padding: 18px 0px 0px 16px; box-sizing: border-box; display: flex; flex-direction: column; list-style-type: none; width: 600px;"><li class="MYVUIe" style="margin: 0px; padding: 0px; display: flex;"><div class="XN9cAe" style="flex: 1 1 0%; box-sizing: border-box;"><div data-hveid="CCEQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QtJkDKAB6BAghEAA" style="width: 600px;"><div class="jtfYYd" data-sokoban-container="ih6Jnb_uv4Qtb" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"><div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://www.corpgov.net/tag/main-street-investors-coalition/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECBwQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.corpgov.net/tag/main-street-investors-coalition/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECBwQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://www.corpgov.net/tag/main-street-investors-coalition/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECBwQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.corpgov.net/tag/main-street-investors-coalition/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECBwQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">Main Street Investors Coalition Archives - Corporate ...</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://www.corpgov.net<span class="dyjrff qzEoUe" role="text" style=""> › tag › main-street-investors-c...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFECQ" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQIHBAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><font size="4" face="Times New Roman"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z" /></font></svg></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" jsdata="l7Bhpb;;CDFECU cECq7c;;CDFECY" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Qh-4GegQIHBAF" /></font></div></div></div></div></div></div><div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman">Tag Archives | <span style="font-weight: bold;">Main Street Investors Coalition</span> · MGM Dark Money Contributions · Mutual Fund Wars Over Fees AND Proxy Votes · Internet Will Drive Public Opinion and ...</font></div></div></div></div></div></li></ul></div></div></div><div class="g tF2Cxc" data-hveid="CBgQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFSgAegQIGBAA" style="line-height: 1.58; width: 600px; margin-top: 0px; margin-bottom: 30px; position: relative; background-color: rgb(255, 255, 255);"><div class="jtfYYd" data-sokoban-container="ih6Jnb_sjuAZe" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"><div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://mainstreetinvestors.org/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECA0QAQ" ping="/url?sa=t&source=web&rct=j&url=https://mainstreetinvestors.org/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECA0QAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://mainstreetinvestors.org/" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECA0QAQ" ping="/url?sa=t&source=web&rct=j&url=https://mainstreetinvestors.org/&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECA0QAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">Street Investors</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://mainstreetinvestors.org</cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;" /></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFEBQ" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQIDRAC"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><font size="4" face="Times New Roman"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z" /></font></svg></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" jsdata="l7Bhpb;;CDFEBs cECq7c;;CDFECA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Qh-4GegQIDRAD" /></font></div></div></div></div></div></div><div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" face="Times New Roman">The browser you are using is not supported. Some features may not work correctly. We recommend using the newest versions of Chrome or Firefox to get the ...</font></div></div><div class="NJo7tc Z26q7c" style="flex-direction: row; flex: 0 0 auto;" /></div></div><div class="hlcw0c" style="margin-bottom: 44px; background-color: rgb(255, 255, 255);"><div class="g tF2Cxc" data-hveid="CBcQAA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFSgAegQIFxAA" style="line-height: 1.58; width: 600px; margin-top: 0px; margin-bottom: 30px; position: relative;"><div class="jtfYYd" data-sokoban-container="ih6Jnb_FjvKre" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"><div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"><div class="yuRUbf" style="line-height: 1.58;"><a href="https://www.responsible-investor.com/articles/standing-up-for-the-main-street-investor" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAoQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.responsible-investor.com/articles/standing-up-for-the-main-street-investor&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAoQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">
</font></a><h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; line-height: 1.3; display: inline-block;"><a href="https://www.responsible-investor.com/articles/standing-up-for-the-main-street-investor" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAoQAQ" ping="/url?sa=t&source=web&rct=j&url=https://www.responsible-investor.com/articles/standing-up-for-the-main-street-investor&ved=2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4QFnoECAoQAQ" style="text-decoration-line: none; -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><font size="4" face="Times New Roman" color="#000000">What - and who - is behind the new Main Street Investors ...</font></a></h3><div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;">https://www.responsible-investor.com<span class="dyjrff qzEoUe" role="text" style=""> › articles › standi...</span></cite></div><div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"><font size="4" face="Times New Roman" /><div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"><font size="4" face="Times New Roman"><cite class="iUh30 qLRx3b tjvcx" role="text" style="font-style: normal; line-height: 1.3; padding-top: 1px;"><span class="dyjrff qzEoUe" role="text" style="" /></cite></font></div><div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;" /><div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"><div jscontroller="exgaYe" data-isdesktop="true" jsdata="l7Bhpb;;CDFEBA" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Q2esEegQIChAE"><div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"><div role="button" tabindex="0" jsaction="RvIhPd" jsname="I3kE2c" class="iTPLzd GUHazd lUn2nc eY4mx" aria-label="About this Result" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;"><span jsname="czHhOd" class="D6lY4c" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span jsname="Bil8Ae" class="xTFaxe IjabWd z1asCe SaPW2b" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><font size="4" face="Times New Roman"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z" /></font></svg></span></span></div><font size="4" face="Times New Roman"><span jsname="zOVa8" jsmodel="QaFSEb" jsdata="l7Bhpb;;CDFEBY cECq7c;;CDFEBg" data-ved="2ahUKEwjwu6C7xcn3AhWllGoFHZ2lCG4Qh-4GegQIChAF" /></font></div></div></div></div></div></div><div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"><div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"><font size="4" style="" face="Times New Roman"><span class="MUxGbd wuQ4Ob WZ8Tjf" style="padding-top: 0px; margin-bottom: 0px;">May 23, 2018 — </span>Not that the <span style="font-weight: bold;">coalition</span> can be accused of being non-partisan. Its Executive Director, George David Banks, was recently in the Trump ...</font></div></div></div></div></div></div>