E-alerts & Newsletter
Stay updated with periodic communications from the Pew Financial Reform Project.
Have You Heard?
"Complex mortgage features, such as payment options, negative amortization resets, and underwriting loans only at the initial 'teaser' rates, as well as the complexity of many disclosure documents provided an opportunity for unscrupulous operators to take advantage of borrowers."
Source: Michael H. Krimminger, Special Advisor For Policy, Office Of The Chairman; FDIC
Obama Administration Financial Reform Effort
The Obama administration's finacial reform efforts began with the release of the Treasury White Paper, a detailed overview of their proposal. In the subsequent weeks, they released more details on the components, including draft legislative language. Click through to financialstability.gov to read the administration's press releases, fact sheets and legislative language.
6/17/2009: Treasury White Paper Released
6/30/2009: Consumer Protection Reform Proposal Released
7/10/2009: Investor Protection Reform Proposal Released
7/15/2009: Hedge Funds Regulatory Reform Proposal Released
7/16/2009: Compensation Reform Proposals Released: Compensation Committee Independence and Say on Pay
7/21/2009: Credit Rating Agency Reform Proposal Released
7/22/2009: Systemic Risk Reform Proposal Released
7/23/2009: National Bank Supervisor and Resolution Authority Reform Proposal Released
8/11/2009: Derivatives Reform Proposal Released
9/03/2009: Principles for Reforming Regulatory Capital Framework for Banking Firms Released
