American Consumer & Investor Institute

ACII is the voice for the next generation of American consumers and investors who participate in U.S. financial markets.

[American Consumer & Investor Institute @ACIIForRetail]

.@BetterMarkets describes itself as independent and non-partisan. When a group like that helps shape financial rules, the public should be able to see who funds its work. Transparency should apply to everyone, watchdogs included. Learn more: https://t.co/Mf5OIVKMwm

[American Consumer & Investor Institute @ACIIForRetail]

The @SECGov already recognizes three professional licenses as evidence of investment knowledge. ACII believes it is worth asking whether other credentials and real-world experience should count too. Learn more: https://t.co/Mf5OIVKMwm

[American Consumer & Investor Institute @ACIIForRetail]

The pressure on @issgovernance and @GlassLewis is coming from every direction. @TheJusticeDept. @SECGov. The @FTC. Five state AGs. Congress. The @WhiteHouse. @jpmorgan. @WellsFargo. And ACII. We are not letting up. Learn more: https://t.co/Mf5OIVKMwm

[American Consumer & Investor Institute @ACIIForRetail]

.@BetterMarkets calls itself an independent, non-partisan voice for the public interest. It was launched by hedge fund manager Michael Masters, who put up its initial funding. Investors deserve to know whose interests are being served. Learn more: https://t.co/Mf5OIVKMwm

[American Consumer & Investor Institute @ACIIForRetail]

Someone who inherits more than $1 million with zero investment experience can qualify as an accredited investor on net worth alone. An experienced investor below the threshold with no qualifying license generally cannot. ACII believes knowledge should count too.

[American Consumer & Investor Institute @ACIIForRetail]

Two foreign-owned firms with no ownership stake in the companies they evaluate shape shareholder votes affecting millions of American investors — with no meaningful accountability when they get it wrong. That is the proxy advisory system as it currently stands. ACII believes it needs to change. Learn more: https://t.co/QgFlKiKqN5

[American Consumer & Investor Institute @ACIIForRetail]

Senate Commerce Committee Chairman @SenTedCruz is demanding answers from @ISSgovernance and @GlassLewis — asking whether their recommendations against corporate moves to Texas were "tainted by political considerations." We have been asking the same question for years. https://t.co/QgFlKiKqN5

[Steven Dennis @StevenTDennis]

NEW: @SenTedCruz is demanding answers from proxy advisers Glass Lewis and ISS after they opposed a series of corporate moves to Texas, including ExxonMobil's: (GIFT link) https://t.co/pMB0YAQpFb

[American Consumer & Investor Institute @ACIIForRetail]

.@BetterMarkets has a close relationship with @SenWarren, yet she appears to overlook the conflicts between their stated mission and the financial interests of their primary funder, Michael Masters.

[American Consumer & Investor Institute @ACIIForRetail]

.@ISSgovernance defied its own regulator for months. The SEC had to go to federal court to compel compliance. ISS claims its recommendations are protected speech. The SEC calls it a straightforward factual investigation. Investors deserve to know who is right. https://t.co/QgFlKiKqN5

[American Consumer & Investor Institute @ACIIForRetail]

The accredited investor definition was designed for a different era. A credentialed financial professional with decades of market experience should not be locked out of private markets by a wealth threshold set in 1982. ACII believes it is time for a standard built on knowledge, not net worth.

[American Consumer & Investor Institute @ACIIForRetail]

.@GlassLewis just merged with a European AI platform and is pivoting toward the European market. When the pressure gets too great at home, this is what retreat looks like. Learn more: https://t.co/QT5lnblvoX

[American Consumer & Investor Institute @ACIIForRetail]

.@BetterMarkets asks the public to trust its judgment on financial reform. Can they explain why that judgment always seems to align with the interests of its primary funder, Michael Masters?

[American Consumer & Investor Institute @ACIIForRetail]

To qualify as an accredited investor, the SEC has one primary question: how much money do you have? ACII believes the better question is whether you understand what you are investing in. Wealth is not wisdom.

[American Consumer & Investor Institute @ACIIForRetail]

.@issgovernance and @GlassLewis have never owned a single share in the companies they evaluate. They bear none of the risk. They face none of the consequences. Yet they shape outcomes for millions of American investors. https://t.co/QT5lnbkXzp

[American Consumer & Investor Institute @ACIIForRetail]

A truly independent watchdog doesn't answer to one man. @BetterMarkets does — hedge fund manager Michael Masters, their primary funder. That is not impartial oversight.

[Blaine Luetkemeyer @BlaineACII]

22 state treasurers are pressing @Moodys, @FitchRatings, and @SPGlobalRatings to explain how Chinese state-owned companies score higher on ESG than American businesses. China produces more emissions than any other country on earth, has no meaningful climate commitments, and answers to no diversity standard. Zero for three. https://t.co/CUiz2TVP03

[American Consumer & Investor Institute @ACIIForRetail]

Financial education and investment experience matter. The current accredited investor definition does not adequately account for either. ACII believes competent investors should not be sidelined simply because they do not meet an outdated wealth requirement.

[American Consumer & Investor Institute @ACIIForRetail]

China does not care about ESG. Pretending otherwise does not make it true — it makes the ratings meaningless. When credit agencies reward the world's largest emitter while downgrading American businesses, investors are not getting analysis. They are getting politics. https://t.co/5oyfTGBNqt