Fair Housing Letter to Mortgage Settlement Monitor

March 27, 2013 Joseph A. Smith Office of Mortgage Settlement Oversight 301 Fayetteville St., Suite 1801 Raleigh, NC 27601 Members of the Monitoring Committee Via electronic mail Dear Mr. Smith and Members of the Monitoring Committee: We write to follow up on your interim report regarding Ally Financial’s compliance with the national mortgage settlement, and […]

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Comment Letter on S.E.C. Rules Change Involving Exchange Traded Fund (ETF) Linked to Copper

In an Oct. 23 letter, AFR urged the Securities and Exchange Commission not to to approve the organization and marketing of a commodity Exchange Traded Fund based on the storage of physical copper. Allowing speculators to hoard this vital industrial metal would damage the economy and set a dangerous precedent, the letter warned.

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Comment Letter on Basel III Regulatory Capital Rules

AFR commented on a set of banking agency proposals for implementing the initial Basel III rules for U.S. banks. These rules cover the definition of capital, base levels of capital for all banks, risk weighting, and exposure measurement. Upcoming rules will address capital charges for larger banks and liquidity reserves. The AFR comment called for […]

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