“As discussed below, we do believe that this proposal outlines a significant rule change that could potentially reverse the statutory intention of the Dodd-Frank Act to provide a majority of independent members on the Board. We suggest that the Board extend the comment period to allow for more detailed examination of this proposal by members of the public interest community with an interest in municipal finance.”
“On behalf of Americans for Financial Reform, we are writing to urge you to reconsider and reverse the Treasury Department’s 2012 Determination that foreign exchange derivatives be excluded from Dodd-Frank regulations covering other forms of over-the-counter derivatives. “
“On behalf of Americans for Financial Reform, we are writing to express our opposition to two amendments being offered to the Financial Services and General Government Appropriations bill… The first would bar the Consumer Financial Protection Bureau (CFPB) from issuing any rule or regulation related to payday lending until it has completed at least four new and unnecessary studies and reporting requirements… The second amendment would similarly delay and obstruct CFPB efforts to write a rule to eliminate forced arbitration in consumer financial contracts, action that the Dodd-Frank Act authorizes the Bureau to take. “
“As organizations that want to see protections for retirement savers strengthened, we write to express support for the Department of Labor’s proposed rule — now out for public comment — that would close loopholes and update the standards for retirement investment advice under the Employee Retirement Income Security Act (ERISA).”
“On behalf of the undersigned organizations, we are writing to express our opposition to the Financial Services and General Government appropriations bill. Key elements of this bill would undermine the capacity of financial regulators to protect consumers and oversee our financial markets. By removing independent funding for the Consumer Financial Protection Bureau (CFPB), this legislation would subject the CFPB to limitations placed on no other banking regulator…This appropriations bill would also significantly underfund the Securities and Exchange Commission (SEC) by denying over $200 million in funding necessary to provide proper oversight of investment professionals and securities markets.”
“This week the Capital Markets and Government Sponsored Enterprises Subcommittee has scheduled a hearing at which it will consider legislation (H.R. 2187) that would dramatically expand the categories of individuals who are permitted to invest in private offerings issued under Regulation D of the securities laws. We are writing on behalf of the Consumer Federation of America (CFA) and Americans for Financial Reform (AFR) to express our strong opposition to the legislation as currently drafted.”
