It is Time for Wall Street to Pay its Fair Share
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It is Time for Wall Street to Pay its Fair Share
March 30, 2012 – 9:52 am | Comments Off

As most Americans struggle to pay their share, we can’t help but notice that Wall Street is not. Many of the economic problems we face today, from deficits to unemployment, were in large part created by …

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AFR Comment Letter: Increase Block Trading Threshold
May 14, 2012 – 11:27 am

AFR submitted a comment letter calling on the CFTC to increase the block trading threshold.

AFR in the News: JPMorgan prepares for Washington’s worst
May 14, 2012 – 8:49 am

JPMorgan prepares for D.C.’s worst 
By: Anna Palmer (POLITICO)
May 14, 2012
The scandal is also expected to reinvigorate supporters of stricter regulations for the financial services industry, particularly among those who feel the industry has been overly dismissive …

AFR in the News: London’s “Whale” Loses $2 Billion for JPMorgan
May 11, 2012 – 1:46 pm

London’s “Whale” Loses $2 Billion for JPMorgan
BY MARLENE Y. SATTER, ADVISORONE
May 11, 2012
“These losses underline the need for a strong Volcker Rule to prevent risky proprietary trading,” Americans for Financial Reform said in a statement. “Regulators …

AFR in the News: FDIC Seeks to End ‘Too Big to Fail’ Bailouts
May 10, 2012 – 1:38 pm

FDIC Seeks to End ‘Too Big to Fail’ Bailouts
ABC News May 10
Marcus Stanley, policy director of Americans for Financial reform, a public interest coalition in favor of financial reform based in Washington D.C., said there …

AFR Letter: Oppose the Sequester Replacement Reconciliation Act of 2012
May 10, 2012 – 9:55 am

AFR sent a letter to members of congress, urging them to oppose the “Sequester Replacement Reconciliation Act of 2012″, which would end the Home Affordable Mortgage Program (HAMP), repeal the resolution authority granted to the FDIC to liquidate failing financial institutions, eliminate the Office of Financial Research, and eliminate the independence of the Consumer Financial Protection Bureau by making it the only bank regulatory agency subject to the appropriations process.

AFR Statement: JP Morgan Trading Losses Underline Need for a Strong Volcker Rule
May 10, 2012 – 8:13 am

AFR STATEMENT ON JP MORGAN TRADING LOSSES
 
JP Morgan has just announced that it has taken some $2 billion in losses on its synthetic credit portfolio, with more losses likely in the near future. In case …