As the Senate moves closer to consideration of financial regulatory reform legislation, Sen. Akaka and Sen. Menendez have announced their intention to offer an amendment to restore the bill’s most important provision to protect average, retail investors – the provision holding brokers to a fiduciary
For immediate release February 24, 2010 AFR Calls on Senate to Maintain Strong Corporate Governance Reforms Says Board Failures a Key Factor in Financial Meltdown; Questions Credibility of U.S. Chamber of Commerce-led Opposition WASHINGTON, D.C. – With the U.S. Senate poised to move forward on
Americans for Financial Reform sent the following letter to members of the Senate Banking Committee, urging them to create real protections for investors: February 16, 2010 Dear Chairman Dodd, Ranking Member Shelby and members of the Committee: As you know, legislative language is currently being
February 1, 2010 The Honorable Christopher Dodd Chairman Senate Committee on Banking, Housing and Urban Affairs 534 Dirksen Senate Office Building Washington, D.C. 20510 Dear Senator Dodd: We are writing today to convey our strong support for comprehensive regulatory reform, and to reaffirm our view
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
October 26, 2009 The Honorable Barney Frank The Honorable Spencer BachusThe Honorable Paul E. Kanjorski The Honorable Scott Garrett RE: October 1, 2009 Discussion Draft of the Investor Protection Act Dear Chairmen Frank and Kanjorski, Ranking Members Bachus and Garrett and Members of the Committee:
Click here to download a copy of this document (xlsx).