Colorado lawmakers this year drew a hard line barring private equity investment in law firms.
They also built new regulations for autism treatment providers — which are increasingly owned by private equity investors — to fight the profit-driven lower standards characterized by that financial sector.
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The bill won the backing of the Colorado Trial Lawyers Association and the Colorado Chamber of Commerce, which don’t typically see eye to eye on many policy proposals. It also attracted Republican support. Rep. Jarvis Caldwell, the House minority leader and a sponsor, said he saw that issue as distinct from private equity involvement in other fields, where he was more agnostic.
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