AFR Analysis of SEC Memo on Exchange-Traded Funds Linked to Copper
SEC staff memo is faulted for ignoring significant issues and overlooking evidence pointing to the price impacts of copper-supply hoarding.
SEC staff memo is faulted for ignoring significant issues and overlooking evidence pointing to the price impacts of copper-supply hoarding.
AFR urges regulators to strengthen their original proposal and not to be swayed by exaggerated industry concerns about market liquidity.
On Nov. 8, 2012, AFR and the National Association of Consumer Advocates co-hosted this free webinar on abusive auto finance practices.
“Financial reformers have won a small battle in their fight with Wall Street over financial regulation,” Huffington Post reports.
PIRG’s new national survey shows bigger banks are more likely to charge for checking accounts. And fewer than half of all bank branches readily disclose fees, as the law requires.
St. Louis Post-Dispatch warns of a “truly awful piece of legislation” that could “sneak through the 112th Congress before it adjourns at year’s end,”
“Americans blame banks for the 2008 financial crisis, and view financial reform as a way to ensure that bad mortgages and repackaged debt don’t trigger another banking collapse.” That’s one of the clear the lessons of the 2012 elections – and a big problem for
There’s move afoot in the lame-duck Congress to strip power and independence away from financial and other regulators, according to David Dayen of Firedoglake. He’s talking about S 3468, the Independent Regulatory Analysis Act. In the name of more cost-benefit analysis, it would (as AFR says
Senators Jeff Merkley (D-Ore.) and Carl Levin (D-Mich.) have appealed to regulators to finish work on the Volcker Rule, which was meant to prevent banks from engaging in hedge-fund style trading. That basic principle has been “the law of the land for over two years,”
The Federal Deposit Insurance Corp. is looking into payday loan-like products offered by U.S. Bank, Wells Fargo and other lenders. The inquiry, according to the Portland (Ore.) Business Journal grew out of a February letter in which Americans for Financial Reform and more than 200