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Press Releases | June 16, 2020
Today’s Decision from the D.C. Circuit is a Setback for Investors Who Need Protection from Rigged and Predatory Stock Markets
FOR IMMEDIATE RELEASE Tuesday, June 16, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Stephen W. Hall, Legal Director and Securities Specialist for... Read More
Press Releases | June 12, 2020
The FDIC’s Proposal on Brokered Deposits Will Weaken Banks and Cost Taxpayers Money—For No Good Reason
Washington, D.C.  –  Stephen W. Hall, Legal Director and Securities Specialist for Better Markets, issued the following statement on the comment letter filed with the Federal Deposit Insurance Corporation (... Read More
Press Releases | June 6, 2020
Better Markets Statement on the Murder of George Floyd and Racism
All of us at Better Markets are deeply saddened by the recent killings of George Floyd, Ahmaud Arbery, Breonna Taylor and so many others. That indifference to human life and the humanity of our fellow citizens is shocking... Read More
Press Releases | June 4, 2020
Today’s Record SEC Whistleblower Award of Nearly $50 Million Recovered as Much as $450 Million for Investors; Better Markets Releases White Paper on SEC’s Whistleblower Program: A “$2 Billion Success Story”
FOR IMMEDIATE RELEASE  Thursday, June 4, 2020 Contact: prussell@bettermarkets.com or 202-618-6433    Washington, D.C.  –  Dennis Kelleher, President and CEO of Better Markets,... Read More
Press Releases | June 3, 2020
SEC Proposal Would Expose Investors to Dangerous Financial Products and Enable Companies in China, Other Countries to Raise Millions from U.S. Retailers
FOR IMMEDIATE RELEASE Wednesday, June 3, 2020 Contact: prussell@bettermarkets.com or 202-618-6433   Washington, D.C. – Lev Bagramian, Senior Securities Policy Advisor with Better Markets, issued the... Read More
Press Releases | June 2, 2020
Better Markets Urges CFBP Task Force to Help Consumers, not the Financial Industry
FOR IMMEDIATE RELEASE June 2, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Stephen W. Hall, Legal Director and Securities Specialist for Better... Read More
Press Releases | May 29, 2020
Will the Fourth Circuit Protect Investors’ Rights to Recover for Broker Misconduct or Make a Flawed Arbitration System Even Worse? Argument Is Set for May 29, 2020
FOR IMMEDIATE RELEASE May 29, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Stephen W. Hall, Legal Director and Securities Specialist for Better... Read More
Press Releases | May 29, 2020
The CFTC’s Proposed 48-Hour Delay for Block Trades Would Shut Off the Lights in the Swaps Markets
FOR IMMEDIATE RELEASE Friday, May 29, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Joseph R. Cisewski, Senior Derivatives Consultant and Special... Read More
Financial Reform Newsletter | May 28, 2020
SEC Should Finalize Market Data Reforms
Better Markets has filed a comment letter urging the SEC to approve a proposal that would give investors and asset managers access to “timely, content-rich and affordable market data.” In its comment letter,... Read More
Financial Reform Newsletter | May 28, 2020
IEX System Protects Investors
Predatory high-frequency traders cost investors billions a year. By exploiting technical quirks in the systems individuals use to trade stocks, they are able to turn huge profits at the expense of savers, retirees, and... Read More
Financial Reform Newsletter | May 28, 2020
The CFTC’s Proposed 48-Hour Delay for Block Trades Would Shut Off the Lights in Swaps Markets
On May 22, Better Markets filed a comment letter on the Commodity Futures Trading Commission’s (CFTC) recently proposed rulemakings to amend certain public swaps reporting and related regulations.  Most notably,... Read More
Financial Reform Newsletter | May 28, 2020
CFTC Still Has Work to do on Position Limits
Better Markets submitted a comment letter earlier this month to the Commodity Futures Trading Commission (CFTC) in response to its proposal to set position limits in derivatives markets for 25 commodities. The CFTC proposal... Read More
Financial Reform Newsletter | May 28, 2020
Strengthen Limits on Capital Distributions
Better Markets has called on bank regulators to strengthen, not weaken, limits on capital distributions via dividends and executive bonuses during the unfolding pandemic and economic crisis. This was in response to a... Read More
Financial Reform Newsletter | May 28, 2020
Credit Ratings Agencies Again Creating Chaos
New evidence indicates that inflated credit ratings are once again contributing to chaos in the financial markets. Steve Hall, Legal Director and Securities Specialist for Better Markets, notes that credit rating... Read More
Financial Reform Newsletter | May 28, 2020
Finish the Job: Regulate Money Market Funds
Earlier this month, Better Markets called on regulators to “finish the job of regulating money market funds so they are no longer so vulnerable to crisis and dependent on taxpayer bailouts.” Better Markets... Read More
Press Releases | May 27, 2020
The CFTC’s Proposed Position Limits would Not Stop Excessive Speculation but would Raise Costs on American Families, Farmers and Producers
FOR IMMEDIATE RELEASE Wednesday, May 27, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Joseph R. Cisewski, Senior Derivatives Consultant and... Read More
Press Releases | May 20, 2020
SEC’s Investor Advisory Committee Must Press for Reforms that Address Conflicts of Interest Among Credit Rating Agencies
FOR IMMEDIATE RELEASE Wednesday, May 20, 2020 Contact:  Pamela Russell, 202-618-6433 or prussell@bettermarkets.com   SEC’s Investor Advisory Committee Must Press for Reforms that Finally ... Read More
Press Releases | May 8, 2020
Taxpayers Have Been Forced Yet Again to Bail Out the Trillion-Dollar Money Market Fund Industry Because the SEC Has Been Derelict
FOR IMMEDIATE RELEASE Friday, May 8, 2020 Contact:  Pamela Russell, 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Dennis M. Kelleher, President and Chief Executive Officer... Read More
Press Releases | May 6, 2020
Banking Regulators Should Not Put Taxpayers at Risk of Bailouts by Letting Banks Waste Capital on Payouts to Shareholders and Executives
FOR IMMEDIATE RELEASE Wednesday, May 6, 2020 Contact:  Pamela Russell, 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Dennis M. Kelleher, President and Chief Executive... Read More
Press Releases | May 4, 2020
Better Markets Joins #GivingTuesdayNow to Raise Awareness, Grow Support for its Fight to Build a Strong, Inclusive Economy Fueled by a Safer, Sounder Financial System
FOR IMMEDIATE RELEASE  Monday, May 4, 2020 Contact: prussell@bettermarkets.com    WASHINGTON, D.C.—Better Markets has joined with #GivingTuesdayNow to raise awareness and grow support for its... Read More

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