Blog
April 6, 2017
As his eight year-long service to the country as a Governor on the Federal Reserve Board ends, Dan Tarullo gave a very important speech at Princeton University, offering a compelling and nuanced defense of critically... Read More
April 5, 2017
Recent and upcoming events have once again placed the Consumer Financial Protection (CPFB) in the cross-hairs of the Trump Administration and Republicans in Congress. Sadly, this should come as no surprise, because as... Read More
March 30, 2017
It’s rare that a question during a Congressional hearing leaves an entire panel of witnesses silent.
But, that is exactly what happened when Representative Jim Himes’ (D-CT) questioned the panel of five... Read More
March 29, 2017
Senators who attended the March 28th Senate Banking Committee Hearing on Fostering Economic Growth: The Role of Financial Companies, were fortunate that Professor William Spriggs, an economist from Howard and the AFL-CIO,... Read More
March 29, 2017
The Department of Labor’s “clients’ best interest” fiduciary duty rule is on the frontlines in the battle over the Trump administration’s mindless de-regulation agenda. While first... Read More
March 28, 2017
The assault on the Dodd-Frank Act continues today with another hearing held by the House Financial Services Subcommittee on Financial Institutions and Credit, looking at “The State of Bank Lending in America.”... Read More
March 28, 2017
With a title like “The Arbitrary and Inconsistent Non-Bank SIFI Designation Process,” one can be reasonably sure that the House Financial Services Subcommittee on Oversight and Investigation hearing today will... Read More
March 1, 2017
In December 2016, Better Markets president and CEO, Dennis Kelleher, detailed in an American Banker Op Ed “How Wells Fargo Proves It's Not a Wall Street Villain.” We communicated these recommendations... Read More
January 9, 2017
With confirmation hearings for Senator Jeff Sessions to be Attorney General set to begin, we offer five questions to ask during the hearings to discover just how carefully Senator Sessions intends to police the Wall Street... Read More
October 3, 2016
Every day the headlines blare the latest revelations about the brazen, years long illegal conduct at Wells Fargo, including most recently the bank firing whistleblowers when they used the internal “ethics”... Read More
August 2, 2016
On August 14, 2014, the SEC published a final rule (“Rule”) adopting a collection of reforms applicable to money market funds (“MMFs”). Although the Rule contained an incremental and incomplete... Read More
July 26, 2016
By Dennis Kelleher
"Throughout the presidential campaign, Hillary Clinton has been dogged by complaints that she is too close to Wall Street, from her six-figure speaking fees from Goldman Sachs and others to, most... Read More
June 20, 2016
Below is the list of people and organizations that IEX thanks on its website for supporting its application before the SEC to become and exchange:
AGF Investment Inc.
Abel/Noser Corp.
Adelante Capital Management
Aj... Read More
June 13, 2016
By Lev Bagramian, Better Markets Senior Securities Policy Advisor
The Securities and Exchange Commission (SEC) is on the verge of making a pivotal decision that could mark the beginning of a new era in which private... Read More
April 17, 2016
Robert “Bob” Jenkins is Better Markets' nonresident Senior Fellow based in London (as announced in this September 5, 2013 press release). As Mr. Jenkins’ bio demonstrates, he has decades... Read More
April 14, 2016
Yesterday, the Fed and the FDIC found that the “living wills” submitted by five of the nation’s largest banks—JPMorgan Chase, Bank of America, Wells Fargo, Bank of New York Mellon and State Street... Read More
March 7, 2016
The critics of the financial reform Dodd-Frank Act are fond of saying that it doesn’t work—some going so far as to say that the financial system is just as much at risk as it was in 2008, if not even more so.
We... Read More
February 24, 2016
House Speaker Paul Ryan is wrong to oppose a rule that would protect retirement savers by putting their best interests first. House Speaker Paul Ryan has recently repeated industry talking points in opposing a rule that... Read More
February 10, 2016
Wall Street’s biggest derivatives dealers are successfully working nonstop to kill, weaken or evade essential reforms in the derivatives markets. The CFTC’s inaction is enabling this to happen. That must stop and... Read More
January 19, 2016
The movie The Big Short tells a compelling version of the greatest economic tragedy to hit the country since the Great Depression — the 2008 financial crash. It also may tell a nightmarish vision of the future.
It... Read More