Right. I mean, they're contracted with, with other fiduciaries. Right. But it's, but so it's tricky, but it certainly affects the quality. Yeah. It really is a shame that The previous administration focused on the needs of activists rather than the needs of everyday investors. And the SEC under the previous leadership, essentially encouraged activists to force companies to consider and adopt policy changes that Joe Biden and the Democrats could not get through through Congress. (02:56–03:02)
CLAIM
Asserts that the previous administration prioritized activists over everyday investors.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
