Congressional Testimony: Harvard Professor of Business and Law Criticizes the JOBS Act
Read the congressional testimony here.
Congressional Testimony: Columbia Law School Prof. John Coffee Criticizes JOBS Act
Read the congressional testimony here.
AFL-CIO Letter: Oppose the JOBS Act
Read the AFL-CIO’s letter here.
Sign on Letter: 21 Labor Groups Oppose the JOBS Act
Read the letter signed by 21 labor groups opposing the JOBS Act here.
CII Letter: Council of Institutional Investors Opposes JOBS Act
Read CII’s letter here.
CFA Statement: Response to House Passage of JOBS Act
Read CFA’s statement here.
AFR Letter: Support Full Funding for the CFTC
AFR sent a letter to the House Agriculture Committee urging members to support the full funding of the CFTC in President Obama’s proposed 2013 budget.
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – February 18, 2012 – February 24, 2012.
AFR in the News: A bipartisan push to bring back bank bailouts
“Advocates on the left, however, are adamant that the ban remain in place, arguing that it forces banks to put up greater collateral to back up risky bets. ‘It is a form of firewall between swaps dealing and the rest of your operations, requiring separate capitalization,’ says Marcus Stanley, policy director of Americans for Financial Reform. ‘When you allow banks to do absolutely unlimited derivatives activities, it’s hard to separate banking from speculation.'”
AFR in the News: House Panel Approves Bill to Exempt New Firms From Pay Votes
“On Feb. 16, the U.S. House Financial Services Committee voted overwhelmingly to approve a bill that would exempt newly public companies from holding say-on-pay votes for five years. …Americans for Financial Reform (AFR), a coalition of consumer and investor groups that includes the AFL-CIO, has urged the Senate Banking Committee to reject the emerging company legislation. The coalition criticized the auditor attestation exemption and noted that say-on-pay votes have nothing to do with eliminating barriers to new IPOs.”