AFR sent a letter to the hill opposing HR 797. This legislation represents a major weakening of new protections created by the Dodd-Frank Act to prevent predatory behavior in Wall Street financial dealings with municipalities. These protections are critical to protecting taxpayers and citizens from exploitation.
AFR sent a letter to the CFTC Commissioners in support of robust price competition and transparency requirements for Swaps Execution Facilities (SEFs).
Tell Washington to stand firm against Wall Street’s latest strategy of evasion.
Listen to teleconference The derivatives provisions of the Dodd-Frank Act were a crucial element of financial reform, promising to bring serious oversight to the unregulated “shadow banking” markets that helped crash the world economy. Two and a half years later, after much inside-the-beltway debate over
As speculative interest increases, this vital industrial commodity will be withdrawn from the market, and prices for real-economy businesses and consumers will increase.
AFR tele-conference explores a major threat to Dodd-Frank derivatives reforms.
In a statement submitted to the House Agriculture Committee, AFR explains why U.S. oversight agencies must regulate international derivatives transactions in order to protect the U.S. economy.
Treasury, says AFR’s Marcus Stanley, has decided to exempt “a significant derivatives market from key Dodd-Frank reforms meant to protect the public from financial instability.”
In a joint letter, AFR urges the SEC and CFTC not to exempt this common type of financial guarantee, which closely resembles a swap, from new derivatives rules.
This new report (from the AFR Activism Fund) tracks a stream of efforts by members of the current Congress to undermine one of the major acts of the last Congress: the Dodd-Frank financial reform law. Since Dodd-Frank, Wall Street interests have lobbied to roll back