Washington, D.C. – The Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission’s (CFTC) expansions to the information collected by private funds over Form PF and Form CPO will provide both the agencies and the Financial Stability Oversight Council (FSOC) with greater visibility and early warning signs into portions of the $21 trillion […]
Americans for Financial Reform today wrote to the House Financial Services Committee’s Subcommittee on National Security, Illicit Finance, and International Financial Institutions urging members to rely on existing authority by the Securities and Exchange Commission (SEC) in order to gain more transparency into the $5 trillion private markets (“exempt offerings” under SEC Rule 144A and […]
FOR IMMEDIATE RELEASE Jan. 31, 2024 CONTACT Carter Dougherty carter@ourfinancialsecurity.org Steward Financial Crisis Demonstrates Private Equity’s Threat to Healthcare The sudden crisis in the Steward hospital system in Massachusetts is a cautionary – and outrageous – tale of how Wall Street’s predatory practices in health The post News Release: Steward Financial Crisis Demonstrates Private Equity’s […]
Americans for Financial Reform Education Fund and Consumer Federation of America, Food & Water Watch, Institute for Agriculture and Trade Policy, and Public Citizen sent a letter sharing their grave concerns with the justification and potentially calamitous precedent contained in the Commodity Futures Trading Commission’s (CFTC’s) proposed rulemaking for the Investment of Customer Funds by […]
View or download a PDF of the brief here The Americans for Financial Reform Education Fund filed an amicus brief in the 5th Circuit supporting the Securities and Exchange Commission’s (SEC) private fund advisers rulemaking that would have provided investors with critical and detailed information The post AFREF Files Amicus Brief in 5th Circuit Supporting […]
The Securities and Exchange Commission (SEC) should continue to prioritize investor protections that guard against the fraudulent behavior endemic to the crypto industry by rejecting applications for Bitcoin exchange-traded funds (ETFs), according to Americans for Financial Reform Education Fund. The post News Release: SEC Approval of Bitcoin ETF Would Put Investors at Greater Risk appeared […]
On December 6, 2023, Senior Policy Counsel Caroline Nagy spoke on a panel about rising insurance costs for affordable housing at the New York Housing Conference. Panelists discussed how the limited availability and increasing prices for property and casualty insurance is making it increasingly difficult The post Events: Caroline Nagy Spoke on Rising Insurance Costs […]
View or download a PDF of the letter here Americans for Financial Reform Education Fund led 25 organizations in signing on to a letter calling on the Consumer Financial Protection Bureau (CFPB) to finalize and strengthen a proposed rule that would address a number of The post Letters to the Regulators: Letter to the Consumer […]
View or download a PDF of the letters here: AFREF submitted comments supporting proposals from the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, which would strengthen and expand applicability of resolution plan rules and guidance and require more large banks (in the Fed’s large bank tailoring […]
New report highlights stark discrepancy between Brookfield’s reported emissions and its actual carbon footprint. The post News Release: Report Exposes Brookfield Corporation’s Fossil Fuel Investments and Emissions Reality appeared first on Americans for Financial Reform. The full report is available here.