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AFR In The News: SEC Hearing Prep (Politico Morning Money)
December 6, 2018 – 3:00 am

From Carter Dougherty at Americans for Financial Reform: “Trump’s man at the SEC, Jay Clayton, can be pretty Trumpy. Just as everything is ‘tremendous’ or ‘huge’ in Trumpworld, Clayton’s SEC has called its marquee investor-protection rule ‘Regulation Best Interest.’ It’s anything but.”

AFR in the news: House bill turns its back on students to favor corporations that abuse the federal financial aid system (NBC THINK)
December 11, 2017 – 3:17 pm

“Rep. Virginia Foxx, R-Va., the chair of the House Education and the Workforce Committee, introduced a bill last week that sells out students to corporate interests ready to get rich off taxpayer-backed education dollars. A bill reauthorizing the Higher Education Act should be a real opportunity to help students; this one just makes their lives worse by raising repayment costs for struggling borrowers, letting institutions that scam students off the hook, and narrowing relief for defrauded students.”

AFR IN THE NEWS: The One Retirement Rule Wall Street Hates The Most (Forbes)
April 6, 2017 – 12:31 pm

“Sen. Elizabeth Warren and a group of investor protection groups such as Americans for Financial Reform and the Consumer Federation of America have unveiled the ‘Retirement Ripoff Counter, which is a digital, large-scale, live projector that will show the harm President Trump is doing to investors by delaying the fiduciary rule. On the evening of April 5th, after dusk, the projection of the Retirement Ripoff Counter will be displayed on the sides of several major Washington landmarks.'”

AFR IN THE NEWS: Consumer Watchdog Faces Attack by House Republicans (NY Times)
February 9, 2017 – 9:15 am

“’People know that financial companies were running amok, and that kind of behavior takes money out of people’s pockets and was the cause of a financial crisis,’ said Lisa Donner, executive director of Americans for Financial Reform. ‘President Trump campaigned on standing up to Wall Street, and I don’t think his voters are looking for putting Goldman Sachs even more in charge.’”

AFR Testimony: Testimony to SEC Investor Advisory Committee Hearing
December 9, 2016 – 4:17 pm

In the new political environment, it is likely that there will be a heavy emphasis on the capital formation mission of the SEC. The IAC should play a critical role in reminding the Commission that investor protection is crucial to stable and effective capital formation. …Improving financial entity disclosures is crucial if we are to improve market discipline for large financial entities and investor discipline for funds.

AFR Statement on ReFund Transit Coalition’s Swaps Report, “Riding the Gravy Train”
June 7, 2012 – 9:57 am

FOR IMMEDIATE RELEASE: June 7, 2012  
CONTACT: Erin Kilroy at 202-466-1885
erin@ourfinancialsecurity.org
 
AFR Statement on ReFund Transit Coalition’s Swaps Report, “Riding the Gravy Train”
 
Washington DC – This report does a valuable service in documenting $529 million in …

AFR Statement: JP Morgan Losses, Global Derivatives Regulation, and Today’s Speech by Gary Gensler
May 21, 2012 – 9:48 am

AFR released a statement on the JP Morgan losses, global derivatives regulation, and the speech by Gary Gensler at the Financial Industry Regulatory Authority (FINRA.)

AFR Press Advisory/Press Briefing: JP Morgan Losses – ‘Hedging’, Derivatives, and Financial Regulation
May 18, 2012 – 8:15 am

AFR released a press advisory regarding a press call regarding JP Morgan’s $2 billion loss.