For an insider trader in a traditional financial market, said Mark Hays, the associate director for cryptocurrency and financial technology at Americans for Financial Reform, “unless you’re in a position to know [specific financial] information, it can be difficult to be an insider trader.”
Mark Hays, a consumer finance advocate at Americans for Financial Reform, says that the most recent crash is yet another reminder that crypto has long relied on rampant risk-taking.
Expert Quote: “This practice violates the law that separates banking from commerce and is the kind of unfair competition that antitrust laws were meant to stop,” the nonprofit Americans for Financial Reform has said.
The legislation has the support of diverse housing stakeholders: Americans for Financial Reform, the National Council of State Housing Agencies, the National Fair Housing Alliance, and the National Association of Realtors.
This legislation is endorsed by the National Consumer Law Center (on behalf of its low-income clients), Americans for Financial Reform, and the Consumer Federation of America.
Ed has served on the boards of Americans for Financial Reform, Consumer Federation of America, Consumer Reports, Flyers Rights, and the Transatlantic Consumer Dialogue, an international forum he co-founded with U.S. and European consumer advocates.