AFR Letter: Resolution Plans Fall Far Short
More specificity and disclosure are needed in the big banks’ “living wills.”
AFR Statement on Basel Liquidity Rules
International regulators have “effectively gutted” a requirement that was supposed to provide a crucial protection against financial instability.
JP Morgan Gets a Big Holiday Gift From the SEC
Fund backed by physical copper “effectively creates a corner on the market,” AFR’s Marcus Stanley tells The New Republic.
AFR Statement on UBS LIBOR Price Fixing
“These actions run far too deep and are much too extensive to be written off as the behavior of a few ‘rogue traders.'”
AFR Statement on SEC Approval of Copper ETFs
As speculative interest increases, this vital industrial commodity will be withdrawn from the market, and prices for real-economy businesses and consumers will increase.
Cross-Border Exemption = Backdoor Repeal
AFR tele-conference explores a major threat to Dodd-Frank derivatives reforms.
AFR Statement on International Derivatives Transactions
In a statement submitted to the House Agriculture Committee, AFR explains why U.S. oversight agencies must regulate international derivatives transactions in order to protect the U.S. economy.
Cracks in the Pipeline: New Demos report documents growth of financial economy at real economy’s expense
New Demos report documents the swollen growth of the financial economy at the expense of the real economy.
AFR in the News: Dodd-Frank “Tweaks” Questioned
Industry leaders and their political allies are seeking broad changes in the guise of “technical fixes,” says AFR’s Lisa Donner.
Time is Right for a Financial Transaction Tax
“It’s really profoundly immoral to talk about things like cutting Medicare when this policy measure sits in front of us” – AFL-CIO Director of Policy Damon Silvers, speaking at a November 30 briefing on Capitol Hill.