June 18, 2010 To Members of the H.R. 4173 Restoring American Financial Stability Act of 2010 Conference Committee Re: Opposition of the Fed to regulate Securities, Futures and Derivatives Clearinghouses Dear Conferee: The over 250 consumer, employee, investor, community, small business and civil rights groups
June 10, 2010 RE: Regulation of Commodities Futures Markets in the Reconciliation of the Financial Reform Bill Dear Members of the Reconciliation Committee conference: As you are well aware, in the momentous work ahead of you in reconciling the House and Senate versions of the
Tele-press conference Monday, June 7, 2010 at 9 a.m. EDT Nobel Prize winner warns against putting the government at risk for Big Banks’ deceptive practices Elimination of the language in the Senate financial reform bill that would require big banks to separate their derivatives desks
May 18, 2010 United States Senate Washington, DC 20510 Dear Senator: The over 250 consumer, employee, investor, community and civil rights groups who are members of Americans for Financial Reform (AFR) write to express strong support for SA 4059, the Senate Agriculture Committee’s proposed change
Reuters reports: Reforming the $450 trillion derivatives market is key to removing the risks of financial markets, and greater central clearing of privately traded derivatives is a vital part of that, the head of the Commodities Futures Trading Commission said on Friday. Central clearing, in
JOINT STATEMENT OF SHARED PRINCIPLES FOR NEEDED REFORMS IN THE FUTURES/DERIVATIVES MARKETS AS REVISED AND AGREED TO AT THE JOINT MEETING OF MEMBERS OF THE COMMODITY MARKETS OVERSIGHT COALITION AND THE AMERICANS FOR FINANCIAL REFORM January 7th, 2010 Members of the Commodity Markets Oversight Coalition
The Financial Times recently published this article about the role of derivatives in the current economic crisis. The report focuses on Gary Gensler, Chairman of the Commodity Futures Trading Commission and his recent statement that over-the-counter derivatives “were at the heart and not a side