Workplace Harassment Reform Would Include Investors; VC Group Has Concerns

The Massachusetts sexual harassment and discrimination laws that call for fair workplace treatment do not include investors or financiers, but a bill working its way through the Legislature would change that.

The proposed bill (S939) by state Sen. Cindy Friedman, a Democrat from Arlington, calls for the sexual harassment and discrimination laws to apply to investors, and private investors such as venture capitalists, in particular. A similar law went into effect in California this past January.

“What I hear is, Oh, if we start holding this class of people [investors] accountable, they are not going to talk to women anymore or deny access,” Friedman told BostInno. “They say that we will stop meeting with women. But that’s discrimination, and one could argue that it wouldn’t be lawful.”

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