AFR in the News: Treasury Department Under Fire for Swaps Decision
Treasury, says AFR’s Marcus Stanley, has decided to exempt “a significant derivatives market from key Dodd-Frank reforms meant to protect the public from financial instability.”
AFR in the News: Responding to George Will’s Attack on the CFPB
“It was created… to protect families and the market from dangerous or explosive loans, the same way the Consumer Product Safety Commission protects against explosive toasters.”
AFR in the News: SEC Faulted on Analysis of Copper ETFs
“What alarms me most,” says MIT’s John Parsons, “is the narrow scope of the questions that the Staff posed, even had they bothered to do a thorough analysis of those questions.”
Congressional Letter on Qualified Mortgages and Ability to Repay
In a letter to the Senate, 40 organizations ask the Senate to reject an amendment granting a legal safe harbor to all QM lenders.
SEC Officials Raise Concerns About Lifting Advertising Ban
Additional investor safeguards should be considered, say two of the five SEC commissioners.
AFR in the News: Senate Slows Down Controversial Cost-Benefit Analysis Bill
Facing wide criticism, Senate homeland security committee drops plan for a markup, promises to hold a hearing instead.
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.
AFR Calls for Implementation of a Strong Volcker Rule
AFR urges regulators to strengthen their original proposal and not to be swayed by exaggerated industry concerns about market liquidity.
AFR/NACA Webinar on Auto Lending Scams
On Nov. 8, 2012, AFR and the National Association of Consumer Advocates co-hosted this free webinar on abusive auto finance practices.
AFR in the News: Senate Delays Vote on Bill to Slow Down Financial Rulemaking
“Financial reformers have won a small battle in their fight with Wall Street over financial regulation,” Huffington Post reports.