As with the other provisions of the Wall Street reform bill, there were wins, losses, and some compromises in the process of ironing out the final details of investor protection reform. Here is how the final Wall Street reform bill addresses investor protection. What We
Washington, DC – Americans for Financial Reform hailed the House of Representatives for passing significant legislation to hold Wall Street accountable for the financial crisis and restore economic stability by reining in the excesses of the financial industry. Click here to tell your Senators to
For details on the outcomes of certain issue areas, follow the links at the bottom of this page. Nearly two years after Wall Street crashed our economy, and after a year of work, the House and Senate are finally ready to vote on a comprehensive
In a landmark win for Main Street, the financial reform bill will result in substantial new protections for consumers from the tricks and traps in personal financing that indirectly and otherwise led to the financial crisis. The resulting Bureau has the independence and authority it
Under current law, there is no single body designated to look at the “big picture,” and head off financial crises like the crash of 2008 and major non-bank players in the financial market operated in the shadows without any government oversight. Here’s how the Wall
Credit-ratings agencies had been held up historically as neutral arbiters of risk. That turned out to be far from the truth, as evidenced by the numerous mortgage-backed securities and other risky securities that states and municipalities in particular bought because they had been slapped with
Selling over-the-counter derivatives is among the most lucrative businesses for the largest financial companies. U.S. commercial banks held derivatives with a notional value of $216.5 trillion at the end of the first quarter of this year, according to the Office of the Comptroller of the Currency.
MEDIA ADVISORY June 30, 2010 PLEASE CONTACT: Amy Logsdon, Iowa Citizen Action Network, 319-321-7056 Media Conference Call, Wednesday, June 30, 11:00 am CST Iowa Residents and Activists Call on Senator Charles Grassley to Vote for Wall Street Reform Iowa – Senator Charles Grassley remains uncommitted
WALL STREET REFORM POLLING MEMO See below a new polling memo from Benenson Strategy Group on the strong support for Wall Street Reform. TO: Interested Parties FROM: Joel Benenson RE: American Support for Wall Street Reform DATE: June 28, 2010 Americans show strong support for
FOR IMMEDIATE RELEASE DATE: June 29, 2010 AFR Debunks Latest Republican Talking Point Bill Would Make Banks Pay to Clean Up Their Messes Washington, DC – As Congress stands ready to enact important reforms to hold Wall Street accountable for the financial crisis and restore