AFR Letter: Do Not Radically Change Definition of Swap Dealer
AFR sent a letter to the SEC and CFTC urging them to hold the line on their definition of swap dealer and not to radically change it.
AFR in the News: Derivatives Lobby Has U.S. Regulators on the Run
Derivatives Lobby Has U.S. Regulators on the Run -Roger Lowenstein (Bloomberg) April 17, 2012 “The derivatives industry is squeezing Washington like a python. Desperate to control the tone and thrust of derivatives regulation, industry lobbyists have been swarming over the Commodity Futures Trading Commission and
Consumer Bureau Wants to Know What You Think About Bank Overdraft Fees
Have you – or others you know – been charged an overdraft fee on your checking account? Is it unclear what the costs and benefits of overdraft systems are? Or what are the alternatives? Well, the Consumer Financial Protection Bureau (CFPB) wants to hear from
AFR Letter: Oppose HR 3527
AFR sent a letter to the House urging members to oppose HR 3527, which would create unnecessary roadblocks to enforcement of derivatives oversight on big Wall Street banks and the financial services industry.
AFR in the News: Swap Regulators Said to Weigh Dealer Threshold of $8 Billion
Swap Regulators Said to Weigh Dealer Threshold of $8 Billion -Silla Brush (Bloomberg) April 11, 2012 “U.S. derivatives regulators are considering a threshold as high as $8 billion for determining which banks, hedge funds and energy firms are swap dealers under the Dodd-Frank Act, according
AFR in the News: A Call To Ban Commodity ETFs
A Call To Ban Commodity ETFs (Financial Advisor Magazine) April 9, 2012 “A coalition of consumer and public interest groups last week called on Congress to ban commodity index funds and exchange-traded commodity funds because they say these vehicles have helped fuel higher energy prices,
AFR in the News: In a Leap of Faith, Obama Signs Bipartisan JOBS Act
In a Leap of Faith, Obama Signs Bipartisan JOBS Act – Shar Adams (The Epoch Times) April 9, 2012 “In a leap of faith in America’s entrepreneurial spirit and the strength of U.S. security regulators, President Barack Obama signed the JOBS Act into law last
AFR Press Statement: Experts Discuss Impact of Wall Street Speculation on Gas Prices
Americans for Financial Reform hosted a conference call for reporters and bloggers to discuss the impact of Wall Street speculation on gas prices.
AFR in the News: Ban index funds, ETFs to rein in oil prices: groups
Ban index funds, ETFs to rein in oil prices: groups- Roberta Rampton (Reuters) April 5, 2012 “Lawmakers should ban commodity index funds and exchange-traded funds, a coalition of consumer and public interest groups said on Thursday, blaming the speculative investment vehicles for surging oil and
Experts to Discuss Impact of Wall Street Speculation on Gas Prices
Americans for Financial Reform will host a conference call for reporters and bloggers on Today at 12:00 PM EDT to discuss the impact of Wall Street speculation on gas prices. Wall Street gambling is driving up gas prices and putting a strain on the economic recovery and the pocket-books of working families and the middle class.