FOR IMMEDIATE RELEASE: March 22, 2012 Contact: AARP Media Relations 202-434-2560 media@aarp.org AARP: JOBS Act Lacks Vital Investor Protections Washington, DC – AARP Senior Vice President Joyce Rogers issued the following statement today in response to the Senate passage of
The so-called “JOBS Act,” which guts a host of investor protections, including those put in place in the wake of the Enron scandal and the financial crisis, was rushed through the House without any attention to its potentially devastating impact on investors, market transparency, and the integrity of our capital markets. It is up for votes in the Senate today, and Senators will have a last chance to stop it from racing through as is, and to demand improvements to protect investors and the public.
The Leadership Conference on Civil and Human Rights sent a letter to the Senate urging members’ support of the Reed-Landrieu-Levin amendment.
30 public interest groups, including AFR, sent a letter to the Senate supporting pro-investor changes to the JOBS Act, and urging members to oppose the underlying bill if these changes are unmade.
Main Street Alliance sent a letter to the Senate today urging them to support amendments to the JOBS Act that would protect small businesses.
U.S. PIRG sent a letter to the Senate supporting the pro-investor Reed-Landrieu-Levin Amendment, and opposing the underlying bill should the amendment fail.
JOBS Act merits greater scrutiny March 18, 2012 6:01 am ET AS MUCH AS IT WARMS the cockles of our hearts to see House Republicans, Senate Democrats and President Barack Obama united in their efforts to get more Americans back to work, we are discouraged
California State Teachers’ Retirement System sent a letter to Senator Feinstein opposing the JOBS Act.
Read the letter sent to Majority Leader Reid and Minority Leader McConnell by the California Public Employees’ Retirement System opposing the JOBS Act.