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 […]
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 […]
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 […]
New study by the American Antitrust Institute and Americans for Financial Reform Education Fund calls attention to the growing presence of private equity ownership in the home healthcare sector. The post News Release: New Study Calls Attention To The Growing Presence Of Private Equity Ownership In The Home Healthcare Sector appeared first on Americans for […]
A new scorecard revealing the top eight private equity firms invested in oil and gas and including a set of demands to hold private equity accountable. The post News Release: New Scorecard Shows Private Equity’s Race to the Bottom on Climate appeared first on Americans for Financial Reform.
A new report finds that the private equity industry owned close to 700 utility-scale power generation facilities in the United States in 2021 that emitted about 200 million metric tons of carbon dioxide annually. The post NEWS RELEASE: Private Equity is Financing the Climate Crisis Away from Public Scrutiny appeared first on Americans for Financial […]
Americans for Financial Reform Education Fund (AFREF) applauds the Office of the Comptroller of the Currency (OCC) for seeking comment on this strong first draft of principles to guide large banks on how to manage the risk that climate change poses to their safety and soundness. The post News Release: OCC Seeks Input on Climate […]
Americans for Financial Reform Education Fund (AFREF) submitted comments to the Labor Department supporting a proposed rule that will allow and encourage private retirement plans and pensions to consider sustainability factors like climate change, workers’ rights, racial, economic and environmental justice, and corporate governance when investing and voting proxies. The post News Release: AFREF and […]
The Americans for Financial Reform Education Fund views the current state of the stablecoin market as a danger to consumers and to financial stability, and we are disappointed that the President’s Working Group (PWG) has focused on Congressional action as the central path for responding to these challenges. The post Statement: AFR Statement on President’s […]
Following reports that Facebook is scaling up its cryptocurrency efforts with the launch of a pilot of its cryptocurrency wallet “Novi”, Demand Progress Education Fund and Americans for Financial Reform Education Fund released the following joint statement. The post News Release: Statement on Facebook’s Scaling of Cryptocurrency Efforts appeared first on Americans for Financial Reform.