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Opening Statement Dennis M. Kelleher President and CEO Better Markets, Inc. United States House of Representatives Committee on Education and the Workforce Subcommittee on Health, Employment, Labor, and Pensions... Read More
Hiring a Goldman Sachs Executive as the SEC's chief of staff further undermines the trust and confidence of the American people & gives Wall Street more influence: The American people are sick and tired - indeed... Read More
The Department of Justice’s favorable treatment of Wall Street’s biggest banks was so bad that Better Markets sued DOJ last year over its sweetheart settlement with JP Morgan Chase: for $13 billion, JP... Read More
Whenever the big banks on Wall Street have to cut a sweetheart deal for illegal conduct that they just can't avoid, they run to the SEC asking for a special waiver so they can still conduct business as usual, as though... Read More
The Wall Street Journal reported how some of Wall Street's biggest banks are working in the shadows to spin their way out of their well-deserved bad reputation. According to the report: "Top executives from the... Read More
By now, almost anyone paying attention knows that Former CFTC Chair Brooksley Born fought to regulate derivatives in the late 1990s. She lost that battle and derivatives were unregulated, which allowed Wall Street to create... Read More
During a Senate Appropriations Subcommittee hearing this week, Senator Jerry Moran (R-KS) questioned SEC Chair Mary Jo White about the Department of Labor’s recently proposed rule requiring anyone who provides... Read More
Read this article on the Huffington Post here. This is a joint column from former Senator Ted Kaufman (D-DE) and Better Markets President and CEO Dennis Kelleher Wednesday, May 6th marks the fifth anniversary of the... Read More
Edward Kane, a professor of finance at Boston College and respected author of numerous books and agenda-setting papers, has been a leading voice in the fight for financial reform.His background as a... Read More
Re-thinking and understanding the proper role of finance in society is critical. Without hardly any thought, a Wall Street/finance-centric mentality has captured the policy making process which too often simply assumes and... Read More
On Tuesday, April 14th, the DOL proposed a rule  to require all retirement investment advisers to act in their clients’ best interest, not put their own economic interests first.  That long overdue reform... Read More
Read this story by Dennis Kelleher on the Huffington Post here. The federal budget is a very big and complex document, but it sets out really important policies and spending priorities. Unfortunately, like the spending... Read More
Read this story by Dennis Kelleher on The Huffington Post here. Treasury Secretary Jack Lew was confronted with a so-called "Harvard study" at a Senate Appropriations committee hearing on March 3rd, and will... Read More
On Wednesday March 25, President and CEO Dennis Kelleher will testify before the Senate Committee on Banking, Housing, and Urban Affairs at a hearing entitled “FSOC Accountability: Nonbank ... Read More
On Wednesday March 25, President and CEO Dennis Kelleher will testify before the Senate Committee on Banking, Housing, and Urban Affairs at a hearing entitled “FSOC Accountability: Nonbank ... Read More
On Wednesday March 25, President and CEO Dennis Kelleher will testify before the Senate Committee on Banking, Housing, and Urban Affairs at a hearing entitled “FSOC Accountability: Nonbank ... Read More
Dennis Kelleher and Irina Leonova      Wall Street propaganda works in mysterious ways.  A key part of it is the claim that, if the too-big-to-fail banks were required to have enough equity (misleadingly... Read More
Another industry-purchased “study” attempting to prevent the Department of Labor (DOL) from proposing a rule to stop conflicts of interest and require advisers to act in the best interests of savers was released... Read More
The crash of 2008 was the biggest financial crash since 1929 and directly caused the worst economy since the Great Depression of the 1930s. Those twin calamities are going to cost the US more than $12.8 trillion dollars.... Read More
The Dodd-Frank Act requires the Federal Reserve (Fed) to evaluate banks with assets of at least $50 billion more closely than those with fewer assets. Currently only 38 of the approximately 6,500 banks in the United States... Read More

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