Cross posted from The Accidental Hunt Brothers December 10, 2009 by Adam The world financial system nearly melted down in 2008. This was a result of the interlocking web of exposures between major financial institutions caused by the unregulated and completely opaque over-the-counter (OTC) derivatives
AFR, the Leadership Conference on Civil Rights, and many other groups signed the following letter to members of the House of Representatives regarding the Walt Minnick amendment to H.R. 4173. Download this letter as a PDF. Protect Consumers: Oppose the Minnick Amendment to H.R. 4173
Americans for Financial Reform is supporting H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009. The need for this legislation could not be more obvious. Years of deregulation have produced a financial system that is a threat to our economy. Rampant abuses
U.S. House of Representatives Washington, D.C. 20515 December 10, 2009 Re: Support Rep. Lynch Amendment #135 on governance of clearinghouses and swap exchanges Dear Member: Please support the Lynch amendment #135 to the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) which
AFR and other groups sent the following letter to members of the House of Representatives. Download the letter as a PDF. HELP MILLIONS OF FAMILIES STAY IN THEIR HOMES … AT NO COST TO TAXPAYERS! SUPPORT THE CONYERS-TURNER-LOFGREN AMENDMENT TO H.R. 4173 Dear Representative: We
Protect Investors from Accounting Fraud Vote YES on Kanjorski-Frank-Sarbanes-Cohen Amendment We are writing on behalf of vulnerable investors to urge you to support the Kanjorski-Frank-Sarbanes-Cohen amendment to preserve essential protections against accounting fraud. Without this amendment, investors in roughly half of all public companies will
U.S. House of Representatives Washington, D.C. 20515 December xx, 2009 Re: Support Rep. Inslee’s Systemic Risk and Stabilization Amendment Dear Member, As members of Americans for Financial Reform, a coalition of more than 200 consumer, employee, investor, community, business and civil rights groups, we write
As organizations that support requiring all those who offer investment advice to act in the best interests of their clients, we are writing to urge you to vote yes on the Cohen-Frank amendment to H.R. 4173, “The Wall Street Reform and Consumer Protection Act of
Late on December 8, House leaders struck a deal with moderate Democrats to move forward on debating H.R. 4173, the Wall Street Reform and Consumer Protection Act. They also determined which amendments will be deemed in order. Here are updates on some of the amendments
AFR’s Press Conference with small business owners and Representative Keith Ellison was covered in this article on MarketNews.com. Here’s an excerpt: WASHINGTON (MNI) – While the House vote on the creation of the Consumer Financial Protection was delayed Wednesday, supporters and opponents kept up their