AFR sent a letter to members of Congress urging them to oppose HR 1062, “SEC Regulatory Accountability Act”. This legislation would imperil the implementation of many important financial regulatory rules by adding numerous unnecessary procedural requirements to rulemakings by the Securities and Exchange Commission (SEC).
AFR submitted a comment letter supporting the proposed rules by the Board of Governors of the Federal Reserve System that set out enhanced prudential standards for foreign banking organizations and foreign non-bank financial companies.
AFR sent a letter to members of Congress expressing strong support for President Obama’s proposal in the 2014 budget to increase funding for the CFTC.
A collection of letters and talking points to members of Congress regarding a number of harmful derivatives measures being considered in the House Financial Services Committee and the House Agriculture Committee.
AFR joined more than 50 public interest groups in sending a letter to members of Congress, urging that they oppose HR 1077.
AFR joined public interest groups in submitting a comment letter to the CFPB, arguing that additional information regarding private student loan servicing and collection is needed to design an effective loan modification program.