View or download a PDF of the letter here. Americans for Financial Reform partnered with the FACT Coalition and 34 affordable and fair housing advocates to submit this letter in support of FinCEN’s strong draft rules targeting illicit finance in U.S. residential real estate markets, as well as the bureau’s recognition of the wide ranging
AFR joins a sign-on letter urging the Biden Administration to end billions of dollars in overpayments to insurance companies and financial institutions. These wasteful overpayments are causing significant challenges for Medicare’s financial sustainability. The fixes that CMS can and should undertake will help level the playing field between traditional Medicare and Medicare Advantage, promote health equity and bring down Part B premiums for everyone with Medicare.
AFREF joined Public Citizen and other organizations in a letter to the Public Company Accounting Oversight Board (PCAOB) urging the board to strengthen and finalize its proposals to update AS 2405, A Company’s Noncompliance with Laws and Regulations, and AS 2110, Identifying and Assessing Risks of Material Misstatement. “The climate crisis and the economy-wide decarbonization
AFREF joined Public Citizen, The Sunrise Project and other partner organizations in a letter to the Basel Committee on Banking Supervision’s in response to its consultation paper Disclosure of climate-related financial risks. “Of particular importance is information related to financed emissions, transition plans, and forecasts. The proposal includes key measures to support disclosure of information
AFREF led a sign-on letter in opposition to H.R. 2799, the Expanding Access to Capital Act of 2024, along with the 10 undersigned organizations. Fundamentally, H.R. 2799 weakens regulation of both the public markets and the private markets, making it a bad deal for investors of all types, and a boon to issuers interested in raising capital with the lowest possible degree of disclosure, compliance, accountability, and overall economic inefficiency.
Americans for Financial Reform Education Fund (AFREF) submitted a comment letter on The Board of the International Organization of Securities Commissions (IOSCO)’s Consultation Report outlining a proposed set of Good Practices to promote the integrity and orderly functioning of Voluntary Carbon Markets (VCMs). IOSCO has appropriately developed a proposed set of 21 Good Practices in