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Dodd-Frank | August 14, 2020
Transcript: President Obama Gives Welcoming Remarks at "Ten Years after Dodd-Frank"--Intro by Better Markets' Dennis Kelleher
Welcoming Remarks by Former President Barack Obama with Intro by Dennis Kelleher, President and CEO, Better Markets Dodd-Frank Act 10th Anniversary Conference Tuesday, July 21, 2020, 1-5 p.m. TRANSCRIPT of Video... Read More
Dodd-Frank | August 14, 2020
Transcript: Better Markets Introduces Two Reports at "Ten Years of Dodd-Frank" Virtual Conference
Ten Years of Dodd-Frank & Financial Reform Dennis Kelleher—Overview of Two Reports Dodd-Frank Act 10th Anniversary Conference Tuesday, July 21, 2020, 1-5 p.m. TRANSCRIPT of Video   Dennis Kelleher Not... Read More
Press Releases | August 13, 2020
Federal Reserve Must Stop Predatory, Wealth-Extraction Private Equity Firms from Getting Bailed out With Public Funds Meant for Main Street; Better Markets Joins Coalition to Urge Fed to Follow the Law
FOR IMMEDIATE RELEASE Thursday, August 13, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C. – Dennis Kelleher, President and CEO of Better Markets, issued the... Read More
Other Comment Letters | August 13, 2020
Better Markets Partners with Other Public Interest Groups to Express Concern About the Main Street Lending Program
Better Markets and 16 other public interest groups are concerned that private equity firms may be seeking access to the Main Street Lending Program by lobbying for weakened affiliation rules for the program or... Read More
Press Releases | August 12, 2020
A Win for Investors: The Fourth Circuit Sides with Better Markets, Holding That Brokers Can Be Held Accountable in Arbitration for Violating Their Own Rulebook
FOR IMMEDIATE RELEASE August 12, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Stephen W. Hall, Legal Director and Securities Specialist... Read More
Press Releases | August 12, 2020
CFPB Should Be Protecting Consumers, Not Hiding Complaint Database Information from Them; Better Markets Joins Nearly 25 Other Groups to Urge the CFPB to Reinstate Easy Access
FOR IMMEDIATE RELEASE Wednesday, August 12, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C. – Better Markets has joined other public interest groups in urging... Read More
Letters | August 12, 2020
Better Markets Joins Other Public Interest Groups to urge CFPB to Reconsider Decision to Bury Consumer Complaint Narratives
The CFPB recently made design changes to its consumer complaint database that will make it significantly harder to access crucial details of consumer complaints submitted to the database. This change will undermine the... Read More
Press Releases | August 11, 2020
To Prevent Future Taxpayer Bailouts, Better Markets Joins with Prominent Public Interest Groups Seeking Information About the FHFA’s Proposed GSE Capital Framework
FOR IMMEDIATE RELEASE Tuesday, August 11, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Dennis M. Kelleher, President and Chief Executive... Read More
Better Markets Comment Letters | August 11, 2020
Better Markets Joins Public Interest Groups Seeking Information About the FHFA’s Proposed GSE Capital Framework
To prevent future taxpayer bailouts, Better Markets joined other public interest groups in filing a joint letter to the Federal Housing Finance Agency seeking more information about the potential impact of a... Read More
Blog post | August 10, 2020
SEC Whistleblower Program: An Inside Look at the Makings of the Successful Investor Protection Program Now Under Fire
The SEC Whistleblower Protection and Rewards Program, one of the most successful programs established by the Dodd-Frank Act, is under threat following proposed changes by the SEC that would discourage whistleblowers from... Read More
Press Releases | August 7, 2020
The Department of Labor’s Proposal Will Allow Predatory Financial Advisers to Continue Ripping Off Retirees and Those Saving for Retirement
FOR IMMEDIATE RELEASE Friday, August 7, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Stephen W. Hall, Legal Director and Securities Specialist... Read More
Better Markets Comment Letters | August 6, 2020
Better Markets Issues Comment Letter on the DOL's Investment Advice Rule
On Aug. 6, 2020, Better Markets filed a comment letter on a proposed rule from the Department of Labor that would allow retirement advisers to accept forms of compensation and engage in certain practices that would otherwise... Read More
Press Releases | August 4, 2020
Consumer Financial Protection Bureau Reaches New Low in Unleashing Predators on Poor People; CFPB Should Be Known as the Financial Predator Protection Bureau
FOR IMMEDIATE RELEASE Tuesday, August 4, 2020 Contact:  Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Dennis M. Kelleher, President and Chief Executive... Read More
Better Markets Comment Letters | August 4, 2020
Better Markets Issues Comment Letter on the CFPB's Supplementary Debt-Collection Rulemaking
On Aug. 4, 2020, Better Markets filed a comment letter on a supplementary rule proposal from the Consumer Financial Protection Bureau which amended previously proposed rules governing debt collection practices. This... Read More
Press Releases | August 4, 2020
Letter to Chairman Jay Powell Opposing Fed Lobbying to Weaken the Capital Leverage Ratio, Endangering the Banking System and Making Bailouts More Likely
FOR IMMEDIATE RELEASE Tuesday, August 4, 2020 Contact: Pamela Russell at 202-618-6433 or prussell@bettermarkets.com   Washington, D.C.  –  Dennis M. Kelleher, President and Chief Executive Officer... Read More
Blog post | July 29, 2020
Goldman Sachs' 1MDB Settlement with Malaysia Included Better Markets' Suggested Terms; Now DOJ Needs to Seriously Punish its Crimes
Better Markets was pleased to see that the Malaysian settlement included not only substantial fines but also a mandate that Goldman Sachs cover the cost of recovering assets sitting abroad, a term that we have long advocated... Read More
Blog post | July 29, 2020
Better Markets Teams Up With Other Public Interest Groups to Protect Retirement Funds
Better Markets joined several other public interest groups to urge the Department of Labor to extend the comment period on a rule that would take away protections for retirees.  In a statement on the DOL’s... Read More
Blog post | July 29, 2020
Better Markets Shares Expertise at CFPB Symposium
Stephen Hall, Legal Director and Securities Specialist for Better Markets, participated in a panel discussion on cost-benefit analysis Wednesday, July 29, during a CFPB virtual symposium.  Hall was joined by panelists... Read More
Blog post | July 29, 2020
Better Markets Partners with Omidyar
Better Markets announced a partnership with Omidyar Network as part of its ‘Reimagining Capitalism’ program.  Dennis Kelleher says Better Markets and Omidyar Network are working together to create a... Read More
Blog post | July 29, 2020
The Second Circuit Rejects Challenge to the SEC’s Mislabeled “Regulation Best Interest”
On June 26, 2020, investor protection advocates were disappointed to see the decision of the Second Circuit rejecting a well-founded legal challenge to the SEC’s weak and misleading rule that will do little to protect... Read More

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