Americans for Financial Reform

Government Category: Advocacy Documents

Letters to Regulators: Sign-on letter from Consumer Federation of America to the SEC on Repairing Corporate America’s Broken Reporting Infrastructure

AFREF, alongside 34 other organizations, joined a letter The Consumer Federation of America (CFA) submitted on June 7th to the Securities and Exchange Commission (SEC) raising concerns about the dire state of financial reporting in Corporate America.  The post Letters to Regulators: Sign-on letter from Consumer Federation of America to the SEC on Repairing Corporate

Letters to Congress: Letter Urging Senators and Representatives to Ensure that Civil Rights Enforcement is Prioritized with Increased Funding in the FY 2022 Appropriations Cycle

AFR joined partners to send a letter to Congress urging senators and representatives to ensure that civil rights enforcement is prioritized with increased funding in the FY 2022 appropriations cycle. The letter calls on Congress to double the funding provided to each of the civil rights offices across the federal government so that they are able to adequately respond to complaints of discrimination; proactively ensure compliance with the laws they enforce; provide guidance, regulation, and technical assistance to prevent discrimination; and collect and report data on equal opportunity across all domains of American life.

Letter to the Regulators: letter from 26 organizations to the Department of Labor urging reconsideration of guidance allowing retirement plans to invest in Private Equity

26 organizations, led by the Consumer Federation of America urge reconsideration of the DOL policy allowing defined contribution plans to invest in private equity funds. Issues raised to the DOL over its original letter considering allowing such funds into private equity include: It fails to give adequate consideration to the capacity of the typical plan sponsor,

Congressional Testimony: Testimony of Andrew Park on SPACs Before the House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets

On May 24, 2021 at 12:00PM Eastern AFR’s Senior Policy Analyst Andrew Park testified before the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets on Special Purpose Acquisition Companies (SPACs). Download the full written testimony here. Written Testimony before the House Financial Services Committee of Andrew Park Senior Policy Analyst Americans for