The CFTC’s proposed rules on margin and capital requirements must be substantially strengthened. Specifically, the process of collecting margin must be generally improved, both in terms of quantity and quality required. The suggested revisions would not only improve the overall effectiveness of the rules, but also the fairness, as the proposed rules seems to favor swap dealers.
Read our letter urging the Senate to oppose the “Burdensome Data Collection Relief Act”, H.R. 1062, which would protect overpaid CEOs from embarrassment by allowing them to hide shameful pay disparities within companies.
Report says speculation accounts for 83 cents per gallon of gasoline prices Olivia Kabat (WMNF – FL) July 12, 2011 ―Those high gasoline prices you’re paying at the pump may have a lot to do with Wall Street speculation. According to a new report, because
Dodd-Frank Act Forcing Banks to Slim Down, Reshape Swaps: One Year Later Clea Benson and Phil Mattingly (Bloomberg) July 11, 2011 ―Jamie Dimon keeps a tally of the ways Wall Street already has been affected by the largest overhaul of financial regulation in generations. At
Regulators industry cozy up at conferences Laura Hautala (Politico) July 10, 2011 ―Want to talk to a Dodd-Frank rule writer? Try Las Vegas. Traveling to glitzy locales to meet with regulators responsible for ironing out the details of the new financial regulation law has been
Click here to view this week’s highlights and lowlights in Wall Street Reform – July 2, 2011 – July 8, 2011.
FOR IMMEDIATE RELEASE July 7, 2011 Contact: Tim Lilienthal, PICO, 413-315-3080 PICO Statement on Treasury’s New Rule Requiring Banks to Offer Extended Forbearance for Unemployed Homeowners “Step Forward in Breaking the Link Between Losing Job and Foreclosure” Washington, DC – PICO National Network released the
View a presentation given by Vanderbilt University professor Margaret Blair at our June 28th conference here.
View a presentation given by AFL-CIO Policy Director, Damon Silvers, at our June 28th conference here.
View a presentation given by Alliance for American Manufacturing Executive Director, Scott Paul, at our June 28th conference here.