Home » Archive by Category

In the News

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.

NYTimes: A Secretive Banking Elite Rules Trading in Derivatives
June 30, 2011 – 12:39 pm

by Louise Story
December 11, 2010
“On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.
The men share a common goal: to protect the interests of big …

LA Times: Homeowners deserve more than halfhearted mortgage relief
June 30, 2011 – 8:31 am

Michael Hiltzik
June 28, 2011
“Almost anywhere you look, assessments of the state of the economic recovery are muddled — job growth is positive but fading, consumer spending ebbs and flows, corporate profits are surging but corporate …