AFR Urges CFTC to Stand Firm on Cross-Border Enforcement
Three years after the Dodd-Frank Act, “There is no excuse for further delay… Without cross-border applicability, there is no effective regulation of derivatives.”
Category Archives: Financial Reform News
Public Interest Groups Applaud CFPB’s Work to Protect Equal Credit Opportunities for Minority Car Buyers
AFR joined more than a dozen public interest groups in applauding the recent activities of the CFPB aimed at ending discriminatory lending practices in the auto finance market that harm minority car buyers.
International Civil Society Supports Strong U.S. Action on Derivatives
Organizations from across the globe came together in a letter to members of the G20 urging for stronger U.S. action in the derivatives market.
Delay and Deny — What Former BofA Employees Were Told to Do With Requests for Mortgage Modifications
Affidavits from six former Bank of America employees say that the Bank required or incentivized employees to lie, falsify records, and more in order to deny borrowers loan modifications they were entitled to under the Home Affordable Mortgage Program (HAMP), pushing them into foreclosure or
AFR in the News: Wall Street Regulator’s Race Against Time
CFTC chairman Gary Gensler is trying to make sure that banks cannot shield derivatives bets from effective oversight by funneling them overseas.
Wall Street Speculation Tax – Webinar Highlights
A Tool for Financial Stability & Economic Recovery Webinar Briefing Sponsored by: AFL-CIO | Americans for Financial Reform | Center for Economic and Policy Research Communications Workers of America | The Main Street Alliance | Public Citizen JUNE 10, 2013 12pm EDT. A Wall Street
CFPB’s Complaint System – How It Works and What It Can Do
The Consumer Bureau is a place to go for anyone with a problem involving a mortgage, a student loan, a credit card, a bank account, a car loan, a money transfer, or a credit report.
Don’t Let Wall Street Offshore Its Recklessness
Tell the House of Representatives to say No to HR 1256, a bill that would open the way to a dangerous new surge of Wall Street gambling.
Opposition Materials to HR 1256
AFR sent a letter and one pager regarding HR 1256, the “Swaps Jurisdiction Certainty Act” to members of Congress, urging them to oppose the bill. HR 1256 would severely undermine regulators ability to protect U.S. taxpayers from risks that arise from overseas derivatives trading.
Action Alert: Tell the President and Congress to Get Behind a Wall Street Speculation Tax
Here’s a way to raise hundreds of billions of dollars, get Wall Street to shoulder more of the responsibility for America’s economic recovery, and curb the kind of dangerous high-frequency trading that puts the financial system at risk. A small tax on sales of stocks,