May 03, 2013 1 min read

CFA Urges House Financial Services Committee to Oppose Derivatives Reform Roll-Backs

CFA TC

CFA understand that the House Financial Services Committee is scheduled to hold a mark-up next week of a series of bills that would roll back reforms adopted as part of the 2010 Wall Street reform bill to rein in risky and abusive practices in the over-the-counter derivatives markets. The Consumer Federation of America (CFA) opposes the following bills, each of which would erode needed market protections and put the safety and stability of our financial system at risk.

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