Americans for Financial Reform

News Category: Press Releases & Statements

AFR Short Term Borrowing

PDF version available here February 22nd, 2011 Mary Schapiro Chairman Securities and Exchange Commission 100 F Street, NE Washington, DC   20549 Cc: Luis Aguilar, Commissioner Cc: Kathleen Casey, Commissioner Cc: Troy Paredes, Commissioner Cc: Elisse Walter, Commissioner Cc: Elizabeth M. Murphy, Secretary Re: File No. S7-22-10 – Short Term Borrowings Disclosure Dear Ms. Schapiro: Americans

CMOC Releases List of over 50 Studies Showing Effects of Speculation on Energy, Food Prices

FOR IMMEDIATE RELEASE Contact: Jim Collura Tel: (202) 584-0160 February 23, 2011 Cell: (202) 441-8857 Email: jimcollura@nefi.com http://commoditymarketsoversight.org/ COALITION RELEASES LIST OF OVER 50 STUDIES SHOWING EFFECTS OF SPECULATION ON ENERGY, FOOD PRICES Market Behavior Result of Speculation and Financialization, Studies Find WASHINGTON, D.C. – Unprecedented volatility and price bubbles in commodity trading markets are

Public Citizen on Wall Street Compensation

Feb. 23, 2011 Contact: Bart Naylor (202) 454-5186 Despite State Budget Problems, Weak Economy, Wall Street Execs Reward Themselves Handsomely Statement of Bartlett Naylor, Financial Policy Advocate, Public Citizens Congress Watch Division: The Wall Street titans who crashed the economy are largely responsible for today’s state budget problems. Today, the New York Comptrollers office released

2011 Executive Compensation on Wall Street: Taking Stock

2011 Executive Compensation on Wall Street: Taking Stock Wall Street’s abusive, reckless, and sometimes criminal behavior caused the worst financial crisis and economic downturn since the Great Depression. 3 years later, Americans have lost trillions in wealth, retirement savings and home equity, and more than 13 million people are still out of work[1]. But executive

AFR’s Comment Letter to the SEC/CFTC: Tighten Definitions To Prevent Loopholes For Big Banks

February 22nd, 2011 Mr. David A. Stawick, Secretary Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street, N.W. Washington DC 20581 Ms. Elizabeth M. Murphy, Secretary Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549-1090 Re: SEC File No. S7–39–10; Definition of ‘‘Swap Dealer,’’ ‘‘Security-Based Swap Dealer,’’ ‘‘Major Swap Participant,’’ ‘‘Major Security-Based

CFA and AFR’s Joint Comment Letter to the CFTC on Business Conduct Standards

PDF version available here February 22, 2011 David A. Stawick Secretary of the Commission Commodity Futures Trading Commission Three Lafayette Centre 1155 21st St., N.W. Washington, D.C. 20581 Re: RIN number 3038—AD25   Dear Secretary Stawick: We are writing on behalf of the Consumer Federation of America (CFA)[1] and Americans for Financial Reform (AFR)[2] in