Michael Saylor Urges MSCI to Drop 'Discriminatory' Rule Against Strategy
Saylor calls for removal of MSCI rule
Michael Saylor is urging the index provider MSCI to remove a rule that he describes as discriminatory. The rule in question would result in the company Strategy being deleted from MSCI's financial indices.
An index is a list of companies used by investors to track and measure the performance of a specific market. MSCI provides these lists to help investors worldwide manage their portfolios.
Potential removal from financial indices
- Saylor has urged MSCI to scrap the rule to prevent Strategy from being deleted.
- The rule is described by Saylor as discriminatory toward certain companies.
- Being deleted from an index means a company is no longer included in the benchmark lists used by many large investors.
Sources
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