Americans for Financial Reform

News Category: Press Releases & Statements

AFR Supports H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009

Americans for Financial Reform is supporting H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009. The need for this legislation could not be more obvious. Years of deregulation have produced a financial system that is a threat to our economy. Rampant abuses in consumer lending practices, combined with a casino mentality on

Lynch Amendment Letter of Support

U.S. House of Representatives Washington, D.C.  20515 December 10, 2009 Re: Support Rep. Lynch Amendment #135 on governance of clearinghouses and swap exchanges Dear Member: Please support the Lynch amendment #135 to the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) which would rein in the potential for conflicts of interest in

Kanjorski Amendment Letter of Support

Protect Investors from Accounting Fraud Vote YES on Kanjorski-Frank-Sarbanes-Cohen Amendment We are writing on behalf of vulnerable investors to urge you to support the Kanjorski-Frank-Sarbanes-Cohen amendment to preserve essential protections against accounting fraud.  Without this amendment, investors in roughly half of all public companies will face a heightened risk that their investments will be wiped

Inslee Amendment Letter of Support

U.S. House of Representatives Washington, D.C.  20515 December xx, 2009 Re: Support Rep. Inslee’s Systemic Risk and Stabilization Amendment Dear Member, As members of Americans for Financial Reform, a coalition of more than 200 consumer, employee, investor, community, business and civil rights groups, we write you today to convey the coalition’s strong support for the

Cohen-Frank #46 Amendment Letter of Support

As organizations that support requiring all those who offer investment advice to act in the best interests of their clients, we are writing to urge you to vote yes on the Cohen-Frank amendment to H.R. 4173, “The Wall Street Reform and Consumer Protection Act of 2009.”  This amendment would strip a provision from the bill