Letters to Regulators: AFR Education Fund submitted comment on proposed revisions to Volcker Rule.
Click here to download a PDF version of the letter.
Category Archives: Letters to Regulators
Letters to Regulators: Letter Urging the CFPB to Initiate the Rulemaking Process to Implement Section 307 in the Economic Growth, Regulatory Relief, and Consumer Protection Act
AFR joined a letter urging the CFPB to expeditiously initiate the rulemaking process to implement Section 307 in the Economic Growth, Regulatory Relief, and Consumer Protection Act (Public Law 115-174).
Letters to Regulators: Letter to the CFPB in Opposition to Trial Disclosure Programs
AFR joined a letter to the CFPB opposing their proposed policy to encourage trial disclosure programs.
Letter To Regulators: Civil Rights, Consumer Groups Seek Blankenstein Ouster from CFPB
We, the undersigned organizations, call on you to abandon your proposed reorganization of the
Office of Fair Lending and Equal Opportunity, and to remove Mr. Eric Blankenstein from having
any involvement in the Bureau’s oversight and enforcement of antidiscrimination laws. We have
long voiced strong concerns about your plans to relocate the Office of Fair Lending, and our
concerns have grown even stronger in light of the shocking revelations about Mr. Blankenstein’s
writings on issues of race.
Letters to Regulators: AFR Education Fund sent a letter to the Federal Reserve urging regulators to reject misguided recommendations regarding the implementation of S.2155.
October 1, 2018 Americans for Financial Reform Education Fund (AFR Education Fund), sent a letter to the Federal Reserve in response to the recent letter from Senator Perdue and others. The Perdue letter urges regulators to view the implementation of S. 2155 as requiring extensive
Letters to Regulators: AFR Education Fund submitted a letter to the SEC regarding proposed amendments to the Whistleblower Program rules
Americans for Financial Reform Education Fund sent a letter to the SEC regarding proposed amendments to the Commission’s Whistleblower Program rules. While we generally support a few of the proposed amendments, we are concerned that a number other proposed changes would initially undermine the Whistleblower
Joint Letter: 62 Orgs Urge ED to Reject Changes that Weaken Accountability
Americans for Financial Reform Education Fund joined with 61 other organizations to tell the Department of Education that we are closely monitoring their ongoing efforts to recklessly deregulate higher education. As 62 organizations and advocates for students, families, taxpayers, veterans and service members, we wrote
Joint Letter: 68 Orgs Call on Dept of ED to Preserve Gainful Employment Rule
Americans for Financial Reform Education Fund joined with 67 other organizations working on behalf of students, consumers, vets, servicemembers, civil rights, & college access to urder Education Secretary Betsy Devos not to eliminate the gainful employment rule, which serves to defend students from high-cost, low-return career ed
Letter to the Regulators: AFR Submits Comment on Borrower Defense NPRM
“The Proposed Rule is a brazen attempt to dismantle more than 20 years of borrowers’ rights to a defense to repayment on their loans when schools break the law. This dismantling will do nothing more than unleash a new wave of waste, fraud and abuse. This country teaches people that education is a path to a better life. For far too many years, allowing Title IV funds to flow to institutions engaging in fraud has turned this dream into a nightmare for their students. If the Department continues down this path of dismantling the right to a borrower defense, its legacy will be condemning students to lives full of poverty, while allowing executives of predatory proprietary institutions to become wealthy at their expense.”
Letters to Regulators: AFR sent a letter to the U.S. Commodity Futures Trading Commission criticizing a new de minimis threshold proposal
The de minimis exemption is a critical element of the swap dealer rule, as it determines which swap dealers will actually be designated as regulated swap dealers and subject to formal dealer oversight. This CFTC proposal addresses a wide range of issues surrounding this exemption.