AFR and CFA Letter: Urge to CFTC to Impose Strong Business Conduct Standards
AFR wrote a letter to the CFTC urging them to maintain strong business conduct standards for derivatives dealers when dealing with municipalities and pension funds.
Tag Archives: Derivatives
CFA Press Release: Oil Speculation on Wall Street Devastates Household Budgets on Main Street
Dr. Mark Cooper, CFA Director of Research, submitted the following statement for the record of the hearing on Excessive Speculation and Compliance with the Dodd-Frank Act, being conducted by the Senate Committee on Homeland Security and Governmental Affairs, along with CFA’s recent report entitled Excessive Speculation and Oil Price Shock Recessions: A Case of Wall Street ‘Déjà vu All Over Again.’
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 22, 2011 – October 28, 2011.
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 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.”
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 8, 2011 – October 14, 2011.
AFR Press Statement: October 12th House Agriculture Committee Hearing
Today’s House Agriculture committee hearing is a loophole festival for the big swaps dealers. The Committee is considering seven different pieces of legislation. Almost every one of them would carve a significant loophole in the new derivatives protections created by the Dodd Frank Act.
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 1, 2011 – October 7, 2011.
AFR in The News – The Push to Pull the Teeth out of Dodd-Frank
The current economic turbulence is a direct result of insufficient regulation — so it makes no sense to curb pending rules that would address the causes of the crisis, says Lisa Donner, executive director of Americans for Financial Reform, a coalition of labor, civil rights, community, and small business groups. “The thought that what we need to get the economy going again is to cut back on regulation is astoundingly backwards,” she says, noting that recent polls suggest businesses are struggling with economic conditions, not overregulation.”