Together, these rules would put the retirement security of millions of American workers and retirees at risk by exposing them to conflicted retirement investment advice without adequate protections to limit the harmful impact of those conflicts of interest. We therefore urge you to withdraw the regulatory package in its entirety and to begin again on a rulemaking proposal that prioritizes protecting retirement savers from the toxic conflicts of interest that pervade the financial services industry.
Joint consumer advocate comments to CFPB on LIBOR transition
Letter from 84 organizations raising concerns about the CFPB’s time-barred debt collection disclosure proposal.
The AFR Ed Fund and allied organizations submitted a comment to banking regulators highlighting concerns that digital banking activities may discriminate by race or otherwise threaten our civil rights.
Letters to Regulators: Letter to OCC Urging Greater Language Access for LEP consumers with Bank Digital Activities
Letter urging OCC to encourage banks to provide greater language access as banks use more technology in banking services.
AFREF urges the Department of Labor to withdraw their proposed rule entitled “Financial Factors in Selecting Plan Investments.” It discourages fiduciaries from considering environmental, social and governmental (ESG) factors in their investments and creates burdens for investors looking to be socially conscious.
LETTER TO REGULATORS: Poor Underwriting Standards in Federal Reserve Emergency Lending Programs Could Lead to Support for Insolvent Firms
You can view or download the letter here.
Letters to Regulators: Joint Letter to FHFA, Fannie Mae & Freddie Mac on the need to notify tenants of applicable protections during COVID-19
AFR Ed Fund and 59 other organizations sent a letter to FHFA, Fannie Mae, and Freddie Mac asking them to provide ways for tenants to be able to determine whether their homes qualify for additional protections as a result of their landlord’s forbearance so that they can plan accordingly and protect themselves from eviction and other consequences.
JOINT LETTER: 19 Organizations and Individuals Call on Labor Department to Withdraw Policy that Lets Private Equity Loot Retirement Plans
The undersigned groups, which advocate on behalf of consumers, workers, investors, and retirees, write to express our grave concerns regarding the Department’s June 3rd information letter concerning the use of private equity investments in designated investment alternatives made available to retirement savers through individual account plans, such as 401(k) plans.
Joint Letter: Coalition Letter to the Office of Management and Budget Regarding Coronavirus-Related Data Disclosures
Detailed and timely data disclosures are required so Congress, Inspectors General, and the specialized Coronavirus oversight bodies created by the CARES Act can ensure Coronavirus expenditures and benefits are being delivered to the public as intended.