The Securities and Exchange Commission should create new disclosure requirements that would allow investors to analyze how companies are acting to protect workers, prevent the spread of the virus that causes COVID-19, and responsibly use any federal aid they receive, according to a letter signed by more than 98 investors, state treasurers, public interest groups, labor unions, asset managers and securities law experts.
AFR joined many national, state and local partners in a letter of support of HJ Res. 90, a disapproval resolution that would overturn the OCC’s Community Reinvestment Act rule that was finalized in May.
The only plausible reason to hide information about the small-business relief program, as Treasury Secretary Steven Mnuchin announced, is that the Trump administration wants to hide who is or is not getting help, and to what extent it is working.
Private equity firms often profit from mass incarceration and they expand inherently racists business practices in communities of color. Private equity is behind manufacturers of weapons used against people protesting police brutality against the Black community.
As the COVID-19 crisis unfolds we are seeing major shifts in all areas of the economy. In a series of interviews we ask experts what they are seeing from the private equity industry and what they expect moving forward.
We stand in solidarity with the families of George Floyd, Breonna Taylor, Ahmaud Arbery, and the millions of Black people subject to racial oppression, violence, and murder at the hands of the police and of white supremacists.
AFR, SBPC and 30 organizations Oppose “Liability Shields” for Colleges Related to the COVID-19 Pandemic Americans for Financial Reform joined with the Student Borrower Protection Center in leading a to the U.S. Senate Committee on Health, Education, Labor and Pensions opposing any effort to shield
AFR Education Fund sent the letter below to the Securities and Exchange Commission opposing changes to rules governing how corporations can raise investment capital. These rules would make it easier for companies to raise capital without doing basic disclosures about their business or following other
AFREF comment letter opposing the formation and work of the CFPB Task Force on Federal Financial Law.
Consumer advocates slammed the Office of the Comptroller of the Currency (OCC) for its final rule issued today that encourages online non-bank lenders to launder their loans through banks so they can offer high-cost triple-digit loans in states where such loans are illegal. The rules were strongly opposed by a bipartisan group of attorneys general as well as by numerous community, consumer, civil rights, faith and small business organizations, and may face legal challenges.