All posts by team

SEC Building

Letter to Transition: SEC Needs Chair Committed to Corporate Accountability, Transparent Public Markets.

We urge you to nominate an SEC Chair who is committed to restoring corporate accountability and rebuilding robust, transparent public markets. Our country needs an SEC that will challenge powerful interests on Wall Street to better promote inclusive economic growth, while also protecting main street investors, pension plan participants, workers, and the communities in which we live.

In the News: ‘Build Back Better?’ Start with the Fed’s MLF (The Bond Buyer)

Next month, Joe Biden is going confront not only a terrible pandemic but also a pressing economic challenge. And this challenge is unfolding beyond Washington as the sum of thousands of smaller economic challenges being felt in statehouses, county seats, and city halls all across the country. Fortunately, there are tools at hand that President Biden can use. But he’ll have to be bold.

A book titled "Consumer Protection" on a desk with a gavel resting on top

Letters to Regulators: Letter Opposing the PCAOB’s Rushed Rule Weakening Auditor Independence Standards

Americans for Financial Reform Education Fund signs onto a letter from Consumer Federation of America opposing the PCAOB’s proposal to weaken auditor independence standards. The proposed rule will undermine investors’ faith in the reliability of financial disclosures, and risk the integrity of our capital markets. Furthermore, the PCAOB has abused process by adopting these changes without opportunity for public comment and hurrying the SEC approval process without justification. The undersigned urge the SEC to deny the requested rule change.