AFREF joined Public Citizen and other groups in a letter to the Securities and Exchange Commission (SEC) in defense of executive compensation disclosures, submitted in response to the SEC’s June 26th roundtable on these requirements.
Americans for Financial Reform Education Fund organized and submitted a letter signed by 16 organizations to the International Sustainability Standards Board (ISSB). The letter pushes back on proposed amendments to the ISSB’s global greenhouse gas emissions disclosure framework that would exclude GHG emissions disclosure from insurance underwriting, investment banking, and derivatives activities. If ISSB finalizes
View or download a PDF of the letter here. AFREF sent a letter to the CFPB opposing proposed rescissions that would create blanket confidentiality for all CFPB orders and decisions about non-bank supervisory determinations that would strip away transparency for some of the riskiest and least regulated nonbank financial products.
View or download a PDF of the letter here. AFREF sent a letter to the CFPB opposing its proposal to rescind a repeat offender database of nonbank enforcement and agency orders. This will help state and federal regulators, advocates, and the public identify repeat offenders and more easily spot patterns and practices of misconduct. Rescinding
Public Citizen and Americans for Financial Reform Education Fund submitted a comment to the New York State Department of Financial Services (DFS) on its proposal to evaluate nonbank mortgage lenders in New York based on their performance in meeting the credit needs of the communities where they operate, including needs related to increasing climate risks on housing
Americans for Financial Reform Education Fund (AFREF) submitted a comment letter supporting a Consumer Financial Protection Bureau’s advanced notice of proposed rulemaking (ANPR) to provide relief to victims of coerced debt