Americans for Financial Reform

News Category: Press Releases & Statements

Exemption of Foreign Exchange Swaps and Forwards is Not Justified

Read the pdf version of the letter here. November 29, 2010 The Honorable Timothy Geithner Secretary United States Department of the Treasury 1500 Pennsylvania Avenue, NW Washington, DC 20220 CC: Chairman Gary Gensler, Commodity Futures Trading Commission CC: Chairman Mary L. Schapiro, U.S. Securities and Exchange Commission Re: Determination of Foreign Exchange Swaps and Forwards

In Letter to SEC, AFR Urges Accountability for NRSRO’s

November 5th, 2010 Mary Schapiro, Chairwoman The Securities and Exchange Commission Washington, DC 20549 Re: Regulation of Credit Rating Agencies under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 Dear Ms. Schapiro: We write on behalf of Americans for Financial Reform, a coalition of over 250 national, state, and local groups working

Letter Requesting Withdrawal of Rescission Rule

November 16, 2010 Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue, N.W. Washington, D.C. 20551 Re: Withdrawal Request for the Proposed Truth-in-Lending Mortgage Regulations (FRB Docket No. R-1390) Dear Board of Governors: This letter is from individual attorneys who regularly represent low or moderate income homeowners in defense of foreclosures,

What We Need in the Director of the Office of Credit Ratings

Faulty credit ratings played a key role in our nation’s financial meltdown, and now we have chance to ensure that that doesn’t happen again. The Dodd-Frank Wall Street Reform and Consumer Protection Act created the Office of Credit Ratings to improve regulatory oversight on this issue. Americans for Financial Reform are calling on the SEC

AFR Opposes Big Bank Calls for Loopholes in Derivatives Regulation

David A. Stawick, Secretary U.S. Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street, N.W. Washington, D.C. 20581 Elizabeth M. Murphy, Secretary U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Re: Interpretation of the Definition of “Commercial Risk” Dear Mr. Stawick and Ms. Murphy, On behalf of Americans for Financial