AFR in the News: Dodd-Frank “Tweaks” Questioned
Industry leaders and their political allies are seeking broad changes in the guise of “technical fixes,” says AFR’s Lisa Donner.
Category Archives: AFR in the News
AFR in the News: Treasury Department Under Fire for Swaps Decision
Treasury, says AFR’s Marcus Stanley, has decided to exempt “a significant derivatives market from key Dodd-Frank reforms meant to protect the public from financial instability.”
AFR in the News: Responding to George Will’s Attack on the CFPB
“It was created… to protect families and the market from dangerous or explosive loans, the same way the Consumer Product Safety Commission protects against explosive toasters.”
AFR in the News: SEC Faulted on Analysis of Copper ETFs
“What alarms me most,” says MIT’s John Parsons, “is the narrow scope of the questions that the Staff posed, even had they bothered to do a thorough analysis of those questions.”
SEC Officials Raise Concerns About Lifting Advertising Ban
Additional investor safeguards should be considered, say two of the five SEC commissioners.
AFR in the News: Senate Slows Down Controversial Cost-Benefit Analysis Bill
Facing wide criticism, Senate homeland security committee drops plan for a markup, promises to hold a hearing instead.
AFR in the News: Senate Delays Vote on Bill to Slow Down Financial Rulemaking
“Financial reformers have won a small battle in their fight with Wall Street over financial regulation,” Huffington Post reports.
AFR in the News: “Sideways Attack” on Dodd-Frank
St. Louis Post-Dispatch warns of a “truly awful piece of legislation” that could “sneak through the 112th Congress before it adjourns at year’s end,”
AFR in the News: FDIC Looks Into Big Banks Making Payday Loans
The Federal Deposit Insurance Corp. is looking into payday loan-like products offered by U.S. Bank, Wells Fargo and other lenders. The inquiry, according to the Portland (Ore.) Business Journal grew out of a February letter in which Americans for Financial Reform and more than 200
AFR in the News: Consumer Groups Want Fair Lending Data Added to Mortgage Settlement
“Consumer groups are urging the monitor of the national mortgage settlement to add data on race, ethnicity and geography to determine whether the five largest servicers are offering relief to communities hit hardest by foreclosures,” The American Banker reports. In an Oct. 31 article, The