Forty Attorneys General sent this letter (PDF) to Congress regarding the Consumer Financial Protection Agency. The AGs argued that the CFPA should not limit the states’ role in consumer protection. Excerpt: Rather than limiting the states’ role in consumer financial protection as some have advocated, we believe Congress should encourage an active and effective partnership
On November 3, 2009, this letter was sent from public pension funds to House Financial Services Committee Chairman Barney Frank in support of the Waters-Peters Amendment to the Investor Protection Act of 2009. Click here for the letter.
November 3, 2009 Don’t Be Fooled: Revised Adler SOX 404 Amendment Is Bad for Investors and Bad for the Economy Dear House Financial Services Committee Member: We understand that Congressman Adler plans to offer a revised amendment to weaken protections against accounting fraud at smaller public companies during today’s continued mark-up of the Investor Protection
Download this information as a PDF. Provided by the Consumer Federation of America Over the years, many smaller banks and thrifts have adopted responsible, fair and sustainable mortgage lending practices. Small banks and thrifts that offer trustworthy credit and payment products should face a lower regulatory burden from the Consumer Financial Protection Agency (CFPA) and
Dear House Financial Services Committee Member: As you continue consideration of the Investor Protection Act this week, decisions you make on pending roll call votes will determine whether this legislation lives up to its name. Unfortunately, several of the bill’s central provisions have already been weakened, and all but one of the scheduled roll call
The banks are going door-to-door but only handing out tricks — no treats. Banks are spending MILLIONS to defeat good financial reform that would prevent a future meltdown and help everyday people. Enough is Enough!