The Department of Labor should simply let the fiduciary rule, as written, take full effect. The effort to delay is nothing but an effort to buy time for creating a rationale to roll back the rule, and an abuse of a regulatory process set down in law. Enough.
We call on the Bureau: to require reporting on the full breadth of small business lending; to capture important data about loans applied for and made; and to complete the rulemaking and begin collection of these data expeditiously.
Dear Representative, On behalf of Americans for Financial Reform, we are writing to express our opposition to the the appropriations bill for Financial Services and General Government (FSGG) to be considered by the House as Division D of H.R. 3354. Titles IX of Division D consists of more than 80 pages of policy riders drawn
“On behalf of Americans for Financial Reform, we are writing to express our opposition to H.R. 3312, the “Systemic Risk Designation Improvement Act of 2017.” This legislation is a gift to some of the largest banks in the country. The cumbersome regulatory process laid out in this bill puts unprecedented new constraints on the ability
“By making the fiduciary duty commitment stronger and more specific, these Proposed Revisions to the Standards For Professional Conduct for Certified Financial Planners will enhance CFP client service and assure the public that CFP professionals will reliably act in the best interests of the investor. We strongly support their inclusion in the final revisions to the Standards, and urge the CFP Board to resist any pressures to weaken them.”
“We support the proposed rule but urge the Board to clarify that the presumption be limited to disputes between banks and recommend the Board require banks to maintain original checks for a specified period of time.”