Senator Baldwin Gets Job Done, Successfully Pushes SEC to Crack Down on Predatory Hedge Funds and Better Protect Main Street

Press Release

Date: Oct. 11, 2023
Location: Wisconsin

"As communities like Brokaw know all too well, when activist investors buy up companies just to turn a quick profit, hardworking Americans pay the price. These short-term gains for super wealthy investors can lead to devastating impacts for working families, taxpayers, retirement savers, and local communities, and I am proud to have been fighting them at every turn. I am glad to see that key provisions of my Brokaw Act are included in the SEC's new rule to increase transparency and help protect Wisconsin's Main Streets from predatory Wall Street practices."


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