AFR Letter: AFR and CFA Oppose Small Company Regulatory Relief Act
AFR and Consumer Federation of America sent a letter to congress opposing weakening of Sarbanes-Oxley protections against accounting fraud.
Conference Call: Private Student Loan Debts Highlight Need for Fully Operational CFPB
The Institute for College Access & Success and Americans for Financial Reform hosted a conference call with reporters and bloggers Tuesday, October 25, 2011 at 12:00 PM EDT to discuss private student loan debt and what the impact of delaying the confirmation of a Consumer Financial Protection Bureau Director means for students and families. Listen to the replay.
AFR Press Statement: House Judiciary Committee hearing on the Regulatory Accountability Act and markup of the REINS Act
“Irresponsible deregulation of the financial industry – and the conduct it made possible – was a root cause of the financial crisis that has cost millions of jobs and trillions of dollars in home equity and retirement savings. The ‘Regulatory Accountability Act’ would further stack the deck towards Wall Street special interests, and make it impossible to put in place the common sense rules we need to demand transparency and accountability in financial markets, and prevent the financial industry from repeating the extraordinarily reckless practices for which most of us are paying so high a price.”
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 15, 2011 – October 20, 2011.
AFR Signs On in Support of Letter: Review WTO Rules
Read the letter that was sent to Ambassador Michael Punke in support of a review of WTO rules to ensure sufficient policy space for financial regulation here.
AFR Letter: Support Financial Transaction Tax
Read our letter supporting a financial transaction tax here, or below. —————————————————————————————– October 21, 2011 Representative Jeb Hensarling 129 Cannon House Office Building Washington DC 20515 Senator Patty Murray 448 Russell Senate Office Building Washington DC 20515 Re: Financial Speculation Tax Dear Senator
AFR Letter: Oppose Crapo Amendment 814
In a letter to Congress, AFR urges Senators to oppose the Crapo Amendment 814 to HR 2112, which would inhibit financial regulators ability to oversee the shadow markets in derivatives.
AFR Press Statement: CFTC Position Limit Rule
“Wall Street driven excessive speculation in commodities market has increased prices – and price volatility – for everyday commodities including oil and food. It is costing US consumers hundreds of billions of dollars, driving up costs and uncertainty for producers, holding back economic recovery, and causing increased hunger and privation in the poorest parts of the world.”
AFR Conference: Financial Transaction Taxes Briefing
An AFR congressional briefing regarding how a small tax on financial transactions could raise tens of billions of dollars a year and curb dangerous high speed trading.
AFR Conference: CFPB Symposium
Independent Consumer Regulator Or Unaccountable Agency? Prominent Academic Experts Discuss the Powers, Checks and Balances, and Structure of the Consumer Financial Protection Bureau (CFPB)