Financial Reform News Archives - Page 56 of 122 - Americans for Financial Reform

AFR and CFA Letter: Oppose Anti-Investor “Capital Formation” Bills

Last week, Senate Majority Harry Reid announced that the Senate would be developing its own jobs bill based on reducing barriers to capital formation. CFA and AFR wrote to the Senate detailing their concerns about the various “capital formation” bills. They warned that the bills, as drafted, threaten to undermine regulations vital to protecting investors and the integrity of the capital markets, and they urged the Senate to revise the bill to restore important protections.

Comment Letter: Response to CFPB’s Proposals and Questions on Streamlining Regulations

AFR in conjunction with several public interest groups, submitted a comment letter to the CFPB in response to their request for ideas on streamlining regulation.

This Week in Wall Street Reform

Click here to view this week’s highlights and lowlights in Wall Street Reform – February 25, 2012 – March 2, 2012.

News Articles Explain Dangers and Flaws of the JOBS Act

Below is a sampling of recent articles that highlight the JOBS Act many flaws and explain why so many different groups and individuals have come out in opposition.

Letters from Critics of the JOBS Act

The following letters have been submitted by organizations in opposition to the bipartisan JOBS Act.

CFA Statement: Spurring Job Growth through Capital Formation While Protecting Investors

Read CFA’s statement on the Senate Banking Committee hearing on the JOBS Act.

Testimony: Frmr SEC Accountant Lynn Turner Criticizes the JOBS Act

Read the letter here.

Letter: NASAA Criticizes the JOBS Act

Read the letter here.

News Article: Extraordinary Delusions and the Madness of Crowd(Funding)

Outpouring of Opposition: In a blog at The Huffington Post (“Extraordinary Delusions and the Madness of Crowd(Funding),” March 6, 2012), CFA Director of Investor Protection Barbara Roper documents the broad opposition to the supposedly non-controversial JOBS Act. She points to letters from investor advocates and

News Article: IPO Skids to Get Greased

Raising Risks: A Wall Street Journal article on a recent Senate Banking Committee hearing (“IPO Skids to Get Greased,” March 6, 2012) quotes U.S. securities regulators, legal experts and others who have raised concerns that the JOBS Act “may expose investors to greater risk” without