WASHINGTON, D.C. — Fishermen from each corner of the country descended on the nation’s capital last week, banding together to confront what they describe as a predatory regulatory system that treats fishing rights “like stocks on Wall Street.”
The group of more than a dozen fishermen make up a loose organization known as the Catch Share Reform Coalition. They presented a proposal to several U.S. senators, members of Congress and the head of NOAA Fisheries to rework regulations that they say have enabled investors to amass large amounts of fishing permits — cornering parts of the industry at the expense of local fishermen.
