http://pogoarchive.pub30.convio.net feed-31665207 Pam Rutter and Michael Smallberg 2008 Convio Content Management System Module en-us pogoarchive.pub30.convio.net-296433156 http://pogoarchive.pub30.convio.net/pogo-files/letters/financial-oversight/fo-fra-20111212.html On behalf of the undersigned organizations, we are writing to express our opposition to the "Whistleblower Improvement Act of 2011" (H.R. 2483), scheduled for markup on December 13, 2011, before the Subcommittee on Capital Markets and Government Sponsored Enterprises. The passage of H.R. 2483 would result in sweeping changes to the whistleblower incentive and protection programs at the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). This legislation, introduced by Representative Michael Grimm (R-NY), is an extreme approach that would silence would-be whistleblowers, endanger critical inside informants, undermine investigations, hamstring enforcement at the SEC and CFTC, and provide lawbreaking financial firms with an escape hatch from accountability. Tue, 13 Dec 2011 11:45:04 -0600 pogoarchive.pub30.convio.net-288860086 http://pogoarchive.pub30.convio.net/pogo-files/letters/financial-oversight/fo-fra-20111115.html On behalf of the undersigned organizations, we are writing to oppose the passage of the “SEC Regulatory Accountability Act” (H.R. 2308), which is scheduled for markup tomorrow, November 15, in the Subcommittee on Capital Markets and Government Sponsored Enterprises. This legislation would severely undermine the Securities and Exchange Commission’s (SEC) mission to protect investors by requiring it to prioritize cost-benefit analyses in rulemaking and enforcement actions. Tue, 15 Nov 2011 11:30:13 -0600 pogoarchive.pub30.convio.net-280319426 http://pogoarchive.pub30.convio.net/pogo-files/alerts/financial-oversight/fo-fra-20111004.html Bailouts and financial oversight are making headlines again this week with the ongoing Wall Street protests and the three-year anniversary of the bailout legislation. Wed, 19 Oct 2011 10:48:03 -0500 pogoarchive.pub30.convio.net-272172743 http://pogoarchive.pub30.convio.net/pogo-files/letters/financial-oversight/fo-fra-20110914.html In light of the widespread regulatory failures exposed by the recent financial crisis, we appreciate your ongoing leadership in ensuring that regulatory agencies such as the Securities and Exchange Commission (SEC) are addressing long-term structural problems that appear to have hindered their organizational and regulatory effectiveness. However, we are writing today to raise concerns about legislative proposals that would needlessly complicate the SEC’s current initiatives to implement crucial reforms throughout the agency. Fri, 16 Sep 2011 17:27:28 -0500 pogoarchive.pub30.convio.net-271057816 http://pogoarchive.pub30.convio.net/pogo-files/letters/financial-oversight/fo-fra-20110913.html We appreciate your leadership in considering possible reforms to the existing regulatory regime for investment advisers, especially in the aftermath of a financial crisis that continues to wreak havoc on retail investors across the nation. However, we are writing today to raise concerns about recently proposed reforms that would potentially delegate governmental authority to an industry-funded self-regulatory organization for the investment adviser industry. We urge the Subcommittee to closely examine recent trends at the Financial Industry Regulatory Authority (FINRA)—the self-regulatory group for the broker-dealer industry—before deciding to give FINRA or a new self-regulatory organization (SRO) any authority to examine investment advisers. Wed, 14 Sep 2011 16:31:51 -0500 pogoarchive.pub30.convio.net-252655368 http://pogoarchive.pub30.convio.net/pogo-files/letters/financial-oversight/fo-fra-20110411.html We, the undersigned organizations and individuals, are pleased to announce the launch of the Financial Accountability and Corporate Transparency (FACT) campaign and coalition. As the name indicates, FACT is a campaign to achieve greater financial accountability and transparency within financial institutions, corporations and government. Fri, 15 Jul 2011 13:29:23 -0500 pogoarchive.pub30.convio.net-252387042 http://pogoarchive.pub30.convio.net/pogo-files/alerts/financial-oversight/fo-fra-20110714.html The Financial Industry Regulatory Authority (FINRA), the self-regulatory group for the securities industry, has proposed a one-year revolving door rule for senior officers who leave the organization, as reported this week by Bloomberg. Fri, 15 Jul 2011 12:56:54 -0500 pogoarchive.pub30.convio.net-247055355 http://pogoarchive.pub30.convio.net/pogo-files/alerts/financial-oversight/fo-fra-20110623.html There's much to digest in George Packer's 11,000-word New Yorker article on the government's prosecution of Galleon chief Raj Rajaratnam and the culture of insider trading on Wall Street. The whole article is a must-read for anyone interested in the government's handling of prosecutions in the aftermath of the financial crisis, but there are a few passages in particular that we wanted to highlight. Wed, 06 Jul 2011 12:08:43 -0500 pogoarchive.pub30.convio.net-243725304 http://pogoarchive.pub30.convio.net/pogo-files/alerts/financial-oversight/fo-fra-20110610.html If you’re looking for evidence of the revolving door that spins between the federal government and Wall Street, look no further than Daniel Gallagher, President Barack Obama’s recently announced nominee for Securities and Exchange Commission commissioner. Fri, 10 Jun 2011 08:23:44 -0500 pogoarchive.pub30.convio.net-243558871 http://pogoarchive.pub30.convio.net/pogo-files/letters/financial-oversight/fo-fra-20110608.html We are writing because we strongly oppose amendments to the Economic Development Revitalization Act, S. 782, to gut the new Consumer Financial Protection Bureau (CFPB) (#391, Moran) or repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act altogether (#394, DeMint). Thu, 09 Jun 2011 14:21:29 -0500