View or download a PDF of the letter here. The Americans for Financial Reform Education Fund today submitted a comment opposing a proposal by the New York Stock Exchange and the Securities and Exchange Commission that would end annual shareholder meetings for closed-end funds. Closed-end funds raise money initially from investors, many of whom are
The Americans for Financial Reform Education Fund submitted a comment to the Securities and Exchange Commission and the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) supporting the proposal to require the $125 trillion in Registered Investment Advisers (RIAs) and Exempt Reporting Advisers (mainly Venture Capital) to implement Customer Identification Programs to better understand who the beneficial owners of their funds are.
Americans for Financial Reform Education Funded joined with the National Consumer Law Center, the Consumer Federation of America, and other advocacy groups to express our support for recent announcements from Fannie Mae and Freddie Mac, reflecting their intention to explore carefully-crafted pilot programs aimed at reducing closing costs for homeowners–specifically, a “title acceptance” pilot program.
Americans for Financial Reform Education Funded joined with the National Consumer Law Center, the Consumer Federation of America, and other advocacy groups to express our support for recent announcements from Fannie Mae and Freddie Mac, reflecting their intention to explore carefully-crafted pilot programs aimed at reducing closing costs for homeowners–specifically, a “title acceptance” pilot program.
AFREF joined Public Citizen and Sierra Club in a letter to the Basel Committee on Banking Supervision responding to its Discussion Paper, The role of climate scenario analysis in strengthening the management and supervision of climate related financial risks. An excerpt from the letter reads: “While forward-looking approaches to climate risk are essential, scenario analysis
AFREF joined Public Citizen, The Sunrise Project, and other organizations in a letter to the U.S. banking regulators urging them to quickly make progress beyond their initial climate-related supervisory efforts with large banks by taking decisive action and enacting enhanced supervision and regulation, and to cease efforts to stall progress at the Basel Committee on