That's a common misconception: because it is not their money to do so as they wish with. It comes with strings attached in the form of agreements tied to multiple LPs (Limited Partners) dictating own that money can, and cannot be invested.
Florian Gadsby is a ceramicist posting videos that show how pottery is thrown, finished and finally glazed and kiln fired. The videos show the processes behind his work, from the throwing to trimming of tableware and more sculptural pieces. He has a playlist dedicated to teaching basic technics, great for beginners.
While technically true, that law is never enforced, so in practice OP's statement is sadly correct. Wendover Productions made a great video [0] explaining this situation.