Public Interest Groups Urge Confirmation of Richard Cordray as CFPB Director
AFR joined more than 160 public interest groups in urging the Senate to confirm Richard Cordray as Director of the CFPB.
Government Category: Advocacy Documents
AFR Supports Full Funding for the CFTC
AFR sent letters to members of the House and Senate urging them to support full funding for the CFTC. The CFTC’s role in regulating commodity markets is vital to overall financial stability and cannot do its job without this vital funding.
AFR Opposes HR 1038
AFR sent a letter to members of Congress urging them to oppose HR 1038. This legislation would make it easier for major dealers in the energy markets to avoid appropriate designation as swaps dealers, and would also remove important protections for public utilities in their swaps transactions.
Opposition Materials to HR 1256
AFR sent a letter and one pager regarding HR 1256, the “Swaps Jurisdiction Certainty Act” to members of Congress, urging them to oppose the bill. HR 1256 would severely undermine regulators ability to protect U.S. taxpayers from risks that arise from overseas derivatives trading.
AFR Letter to Regulators Emphasizing Lessons of the Senate PSI London Whale Report
AFR sent a letter to regulators emphasizing the lessons from the Senate Permanent Subcommittee on Investigations (PSI) report on the London Whale.
AFR Supports CFPB’s Proposed Guidance on Servicing Rules
AFR submitted a comment letter to the CFPB supporting their proposed guidance clarifying the relationship of their servicing rules to stronger state laws. The letter also makes suggestions for improvement.