Home » Archive by Month

Article Archive for May 2010

Fact Sheet: No Carve-Outs for Auto Dealers
May 3, 2010 – 10:23 am

Auto dealers are heading to Capitol Hill seeking a special carve-out from the “Restoring American Financial Stability Act of 2010” (S. 3217), which aims to put an end to the reckless practices of Wall Street …

Examples of State Consumer Protection Laws that Have Been Preempted
May 3, 2010 – 10:16 am

Courtesy of the National Consumer Law Center
April 28, 2010
The following are examples of state laws that have been preempted by federal bank regulations.  Section 1044 of S. 3217, the Restoring American Financial Stability Act, allows bank regulators …

New York Times: What About the Raters?
May 3, 2010 – 9:57 am

Everyone (except Wall Street bankers) seems to be outraged about Wall Street banks, which made billions by trading complex confections of dicey mortgages and then passed us the tab when the investments went belly up. …

Why Small Business Supports Wall Street Reform
May 3, 2010 – 9:32 am

STATEMENT FROM THE SOUTH CAROLINA SMALL BUSINESS CHAMBER OF COMMERCE
1717 Gervais Street, Columbia, SC 29201
www.scsbc.org
Statement of Frank Knapp, Jr., president and CEO, The South Carolina Small Business Chamber of Commerce. April 21, 2010.  Press conference …

AFR Supports “Fiduciary Duty” for Swaps Dealers
May 3, 2010 – 8:57 am

April 30, 2010
United States Senate
Washington, DC 20510
Dear Senator:
Americans for Financial Reform is a coalition of more than 250 consumer, employee, investor, community, labor and civil rights groups.  Consumer Federation of America is a non-profit …