AFR Urges Increased Price Competition and Transparency for SEFs
AFR sent a letter to the CFTC Commissioners in support of robust price competition and transparency requirements for Swaps Execution Facilities (SEFs).
AFR sent a letter to the CFTC Commissioners in support of robust price competition and transparency requirements for Swaps Execution Facilities (SEFs).
AFR submitted a comment letter to the CFPB calling for yield spread premiums to be included in the calculation of points-and-fees thresholds. This inclusion is very important to carrying out the Dodd-Frank Act directive that prohibits steering borrowers to more expensive loans.
SEC faulted on proposed capital, margin, and segregation requirements for Security-Based Swap Dealers (“SBSDs”), and capital requirements for Broker Dealers.
Ed Mierzwinski of US PIRG (also the head of AFR”s consumer protection task force) appeared on WBUR-FM with a Washington Post reporter and a Heritage Foundation fellow.
AFR submitted a comment letter to the Financial Stability Oversight Council urging an increase of oversight of money market mutual funds to address the systemic risk not fully addressed by current oversight rules.
AFR submitted a comment letter to the CFPB arguing for the need of rigorous consumer protections attached to any corporate field testing of new disclosure forms.
Senate leaders take a clear stand against the threat of what one Congressional scholar has termed modern-day nullification.
AFR sent a letter to members of the Senate urging them to support the confirmation of Richard Cordray as the full term director of the CFPB.
“These findings of widespread and damaging errors… underscore once again how important the [CFPB] is, and how important it is for the Senate to confirm Richard Cordray as Director.”
View or download PDF. “Former employees of the Securities and Exchange Commission (SEC) routinely help corporations try to influence SEC rulemaking, counter the agency’s investigations of suspected wrongdoing, soften the blow of SEC enforcement actions, block shareholder proposals, and win exemptions from federal law.”