An Act relative to fair investment practices

This bill creates a new chapter in Massachusetts law to prohibit professional investors, such as banks and venture capital firms, from discriminating against individuals based on protected characteristics like race, gender, or veteran status when making investment decisions. It specifically bans sexual harassment in investment transactions and allows for exceptions where funds are designated exclusively for historically disadvantaged groups. The legislation outlines that private individuals can sue for damages and legal fees for violations related to sexual harassment, while the Attorney General is responsible for enforcing rules against general discrimination and may also seek damages on behalf of the state.