Washington, DC – Congressman Gregory W. Meeks (NY-05) reintroduced the Investor Choice Against Gun Proliferation Act. In recent years, mass shootings have prompted many companies to sever ties with the National Rifle Association (NRA). This bill would require public companies to disclose their financial relationships with manufacturers, dealers and other entities in the gun industry, to increase transparency and help investors make informed decisions.
“While common sense gun reform has languished in the partisan halls of Congress, American consumers and investors have taken action into their own hands by boycotting or divesting from companies tied to the gun industry. My Investor Choice Against Gun Proliferation Act would increase transparency in order to equip investors with information so they can create a portfolio that is consistent with their morals. Tens of thousands of lives are lost every year to gun violence, and Americans have a right to know whether their financial investments are inadvertently having a negative human impact,” said Congressman Gregory W. Meeks.