Letters to Regulators: AFR Education Fund submitted comment on proposed revisions to Volcker Rule.
Click here to download a PDF version of the letter.
Tag Archives: Proprietary Trading
Wall Street Reform: Systemic Risk Regulation
Under current law, there is no single body designated to look at the “big picture,” and head off financial crises like the crash of 2008 and major non-bank players in the financial market operated in the shadows without any government oversight. Here’s how the Wall
Senators Merkley and Levin and Experts Call for Big Banks to Get Back to Banking, Push for Merkley-Levin Provision
For Immediate Release June 17, 2010 **CLICK HERE FOR AUDIO OF THE CALL** Washington, DC – Senators Jeff Merkley (D-OR) and Carl Levin (D-MI) joined with experts from Americans for Financial Reform to call for banks to get back to the basic commercial banking business
Recording: Senators Merkley & Levin call for banks to get back to basics
Senators Jeff Merkley (D-OR) and Carl Levin (D-MI) join with experts from Americans for Financial Reform to call for banks to get back to the basic commercial banking business of making loans to consumers and businesses instead of the ‘proprietary trading’ they do on their
AFR Opposes Loopholes in the Volcker Rule and Urges Adoption of Strong Merkley-Levin Language
June 16, 2010 To Members of the H.R. 4173 Restoring American Financial Stability Act of 2010 Conference Committee Washington, DC 20510 Re: Opposition to Loopholes Allowing Banks to Invest Taxpayer-Backed Capital in Risky Leveraged Buyout & Hedge Funds Dear Conferee: The over 250 consumer, employee,
Senator Merkley, Experts Call for Big Banks to Get Back to Banking, Push for Merkley-Levin Provision
**PRESS CONFERENCE CALL, THURSDAY, JUNE 17, 4:30 PM ET** To download press conference go to this link Washington, DC – On Thursday, June 17, at 4:30 PM, Senator Jeff Merkley (D-OR) will join with experts to call for banks to get back to the basic commercial banking
A Conversation with Senator Jeff Merkley and Senator Carl Levin
Americans for Financial Reform and Public Citizen hosted a conference call with Senator Jeff Merkley and Senator Carl Levin on April 29, 2010 to discuss the financial reform bill and the need to reform proprietary trading. A recording of this call is available below: Conference
Letter of Support for Merkley-Levin Amendment
On Wednesday, April 21, 2010, Americans for Financial Reform sent a letter to Senators Reid and Dodd expressing their strong support for the Merkley-Levin Amendment (modeled after the Merkley-Levin PROP Trading Act), which will strengthen provisions related to proprietary trading and conflicts of interest in
AFR: Senators Merkley and Levin Work to Prevent Wall Street from Betting Our Savings
Washington, DC – Americans for Financial Reform released the following statement about the Protect our Recovery through Oversight of Proprietary Trading Act (or PROP Trading Act). Heather Booth, Executive Director, Americans for Financial Reform: “AFR strongly supports Senator Merkley and Senator Levin’s bill to rein
Huffington Post: The Real Price of Proprietary Trading
James Crotty, Gerald Epstein, and Iren Levina have co-authored an article regarding financial reform, the “Volcker Rule,” and the real cost of propriety trading. Here is the introduction to the article: President Obama’s endorsement of the “Volcker Rule” — a set of proposals designed to