AFR Urges CFTC to Maintain Oversight of Derivatives Transactions in U.S.
AFR submitted a comment letter to the CFTC, urging that they maintain oversight of derivatives transactions in the United States.
Government Category: Comments & Letters to Regulators
AFR Urges SEC to Include Investor Protections in JOBS Act Rulemaking
AFR submitted a letter to the SEC expressing deep concern that the rules proposed by the Commission regarding the JOBS Act fail to deliver important investor protections.
AFR Calls on International Regulators to Improve Derivatives Market Transparency
AFR submitted a comment letter to the financial stability board on plans for the aggregation of global derivatives data.
AFR Comments on OMWI Proposed Standards
These comments responded to the request for comments on the proposed interagency policy statement that established joint standards for assessing the diversity policies and practices of entities regulated by the agencies. AFR found that while the creation of the OMWIs in the Dodd-Frank Act was incredibly important, the joint standards released by six of the federal agencies fell unfortunately short on specifics. In particular, the standards do not provide detail or uniformity, and are additionally lacking in accountability measures to ensure that the goals of increasing worker and supplier diversity are met.
AFR Urges Improvements in Rules to Limit Commodity Market Speculation
AFR commented on the CFTC’s proposal to establish position limits to limit speculation that increases prices and volatility in markets for agricultural and energy commodities. AFR urged the CFTC to strengthen the rules to be more effective in preventing excessive speculation.
AFR Letter to Banking Regulators on Liquidity Coverage Rule
AFR submitted a comment letter to the banking regulators concerning their proposed rule requiring banks to hold liquidity reserves (extra funds to meet payment obligations in a stressed situation.)