Government Category: Advocacy Documents
Letters to Congress: Defend the Department of Labor Rule that Safeguards Workers’ Retirement Security
AFR and Public Citizen led a letter to members of Congress, urging them to oppose a Congressional Review Act Resolution seeking to nullify the Department of Labor’s important new rule that safeguards workers’ retirement security. Over sixty organizations signed on to the letter.
Letters to Regulators: Letter From 29 Signers to the SEC on Passing Strong Final Rules on Private Fund Advisers to Protect Investors and the Financial System
AFREF led a letter with 29 signers to the Securities and Exchange Commission reiterating the important need to pass a strong set of final rules related to requiring private fund advisers to disclose a complete breakdown of fees/expenses, assumptions used to calculate returns, and the existence of side letters to investors.
The letter is also urging the SEC to finalize a strong set of rules related to requiring private fund advisers over a certain size to report more detailed information about their holdings confidentially to the SEC so that the SEC and other financial regulatory agencies have much greater insight into the risks in the $21 trillion private fund space where there is currently little visibility in order to better safeguard the financial system.
Letters to Regulators: Letter to the SEC in Support of Open-Ended Fund Proposal
AFREF sent a letter in support to the Securities and Exchange Commission on its proposal to better protect investors and the financial system from the problems in the $21 trillion open-end fund market.
Letters to Regulators: FAR Council Should Strengthen Climate Risk Disclosure for Federal Contractors
Americans for Financial Reform Education Fund joined Public Citizen in submitting a comment to the Federal Acquisition Regulation Council on its recent rule: Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk. The rule represents an important step forward in protecting the security of federal government supply chains and strengthening American competitiveness with respect to the critical
Letter to IOSCO on Voluntary Carbon Market Oversight
The International Organization of Securities Commissions (IOSCO) seeks comment on a Voluntary Carbon Markets Discussion Paper issued to advance the discussion about what sound and efficient Voluntary Carbon Markets should look like and what role financial regulators may play in promoting integrity in those markets. Americans for Financial Reform Education Fund, Amazon Watch and the Institute for Agriculture