Category Archives: Letters and Statements

A pair of hands writing on paper with a pen

Letters to Regulators: Letter to the SEC on Addressing Loopholes in Forms 13-F & 13-D Reporting

Americans for Financial Reform Education Fund and the Communication Workers of America sent a letter to the Securities and Exchange Commission urging that the Commission close critical loopholes and exemptions that currently exist in its Forms 13-F and 13-D reports that have been intentionally exploited by hedge fund investors. By doing so, hedge funds can no longer utilize derivatives and other complex financial instruments to build large positions and ambush the management of companies.

In the News: The Big SPAC Crackdown

“There is no doubt [SEC Chair Gensler] wants to make it very clear that the sheriff is back in town,” says Andrew Park, senior policy analyst at Americans for Financial Reform, an investor advocacy group that earlier this year co-authored a letter to the House

Federal reserve board

Letters to Regulators: Letter to the Federal Reserve on Access to Fed Master Accounts and Financial Services

AFREF submitted a comment to the Federal Reserve on its “Proposed Guidelines for Evaluating Account and Service Requests” urging the Federal Reserve to limit access to its payments systems to well-regulated and well-supervised depository institutions to safeguard rules that protect consumers, ensure the stability of the payments system, and require community reinvestment.