Washington, D.C. – The Securities and Exchange Commission’s (SEC) approval of cryptocurrency exchange-traded funds (ETFs) will reward bad actors in the crypto industry and amplify risks for investors, according to Americans for Financial Reform Education Fund.
The Securities and Exchange Commission (SEC) should continue to prioritize investor protections that guard against the fraudulent behavior endemic to the crypto industry by rejecting applications for Bitcoin exchange-traded funds (ETFs), according to Americans for Financial Reform Education Fund.
Washington, D.C. – Financial regulators tasked with executive pay reform under Section 956 of the Dodd-Frank Act of 2010 should act swiftly to protect consumers, depositors, and the public from excessive risk-taking of the sort that led to a banking crisis last year.
The private equity push into the life insurance business demands a robust state and federal policy response to curb the emerging risks created when a notoriously predatory industry seeks control of the vast quantities of money generated by premium-paying policyholders, according to a new report from Americans for Financial Reform Education Fund.
Washington, D.C. – The Consumer Financial Protection Bureau’s (CFPB) latest report reveals that consumers continue to face excessive and punitive overdraft fees despite recent changes implemented by banks and credit unions, underscoring the need for strong regulatory action.
Washington, D.C. – The Federal Trade Commission (FTC) and Department of Justice’s (DOJ) issued strong final merger review guidelines that are a crucial step towards addressing the surge in market consolidations largely fueled by private equity leveraged buyouts.