03.07.22

Bill Would Bar U.S. Institutional Investors From Russia

by: Noah Zuss

U.S. Senator Marco Rubio (R-FL) has introduced a measure that would bar U.S. institutional investment in Russian securities. Rubio said he introduced the bill because many investors, including retirees and pensioners, hold investments with exposure to Russia but are unaware. “Many Americans do not even realize that fund managers have placed their money in these Russian companies. My bill would change that, protecting American retirees and denying Russian companies a critical source of capital.”

Read the full article on Plan Sponsor