Entertainment, Sports & Media AlertKey Takeaways
Representative Deluzio has introduced the “Let Kids Play Act,” which seeks to significantly restrict private equity investment in youth sports entities, including leagues, clubs, facilities and associated technology platforms.
The bill creates a “vulture investor” designation and requires firms to certify to the Federal Trade Commission (FTC) that they have never engaged—and will never engage—in specified practices defined as “harmful.” The A...
Continue Reading
Sign up for FREE to read the full article and access 132K+ alternative investment headlines.