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Letters to Regulators

Letter to Regulators: AFR Calls on CFTC To Strengthen Risk Controls for Derivatives Dealers
May 16, 2017 – 2:04 pm

The full letter is linked below:
Americans for Financial Reform Comment Swaps Entity Capital and Liquidity Requirements

Joint Letter: AFR Joins 15 Organizations Praising, Pressing CFPB on Discriminatory Credit Practices
May 5, 2017 – 10:21 am

“We welcome the CFPB’s update of Regulation B, which implements the ECOA, and have joined in the comprehensive comments filed by the National Community Reinvestment Coalition. More changes are needed to Regulation B, however, to give consumers stronger protections against discrimination in the credit marketplace.”

AFR, 29 Orgs Raise Concerns Over New Ownership of Predatory Colleges
May 4, 2017 – 10:03 am

AFR joined 29 other individuals and organizations representing students, consumers, veterans, servicemembers, and civil rights to send a letter to Education Secretary DeVos raising concerns around the questionable sale of EDMC to the Dream Center Foundation.

Letter to Regulators: AFR Calls on CFTC to Forcefully Regulate High-speed Automated Trading
May 2, 2017 – 11:28 am

“…We urged the Commission to be more aggressive in laying out structural reforms to the markets and more specific limits on dangerous automated trading practices. The current Supplemental NPRM does not change our basic assessment, as it maintains the basic framework of the 2015 NPRM, with no movement toward additional specificity in risk limits or risk control requirements or reduced discretion for market actors in designing and implementing risk controls…

Letter to the Regulators: AFR, 31 Orgs Support the CFPB’s Student Loan Servicer Data Collection
April 24, 2017 – 4:14 pm

AFR and 30 other organizations sent a sign-on letter to the Consumer Financial Protection Bureau in support of their proposed student loan servicing data collection initiative. Compiling such metrics and borrower outcomes would benefit market participants, federal and state agencies, policymakers, and borrowers. Obtaining a clearer view of the student loan market overall will help inform all market participants on how best to serve student loan borrowers.

Letter To Regulators: Department of Labor Must Not Weaken The Conflict of Interest Rule
April 18, 2017 – 9:47 am

“On behalf of Americans for Financial Reform, we are writing to express our support for the Department of Labor’s (DOL’s) conflict of interest rule or “Fiduciary Duty” rule and our strong opposition to eliminating or …

Letter to Regulators: Fifty-One Organizations Urge Trump Administration To Protect Investors, Preserve The Conflict of Interest Rule
April 18, 2017 – 9:33 am

“We, the undersigned 51 organizations, are writing to express our strong support for the Department of Labor’s (DOL’s) conflict of interest or “Fiduciary Duty” rule and our strong opposition to eliminating or weakening the rule. …

Letter to Regulators: AFR Opposes Proposed Delay Of Department of Labor Rules To Protect Retirement Investors
March 17, 2017 – 11:22 am

AFR submitted the comment letter linked and excerpted below that strongly opposes the Department of Labor’s proposal to delay fiduciary protections for retirement investors.