Legislation/Regulation

ATR Comments on FINRA Regulatory Notice on Complex Products 

On May 6th, Americans for Tax Reform submitted comments to the Financial Industry Regulatory Authority’s (FINRA) notice on the availability of certain publicly traded securities to individual investors. ATR is concerned that FINRA’s proposal risks eliminating trillions of dollars of affordable and accessible investment options for individual investors.

In the News

ATR Op-Ed in Townhall: “Biden Rulemaking Poses Threat to Retirement Savings”

In an op-ed published in Townhall last week, ATR Federal Affairs Manager Bryan Bashur discusses that the Department of Labor (DOL) is expected to issue a rulemaking, which would reduce retirement savings for millions of minorities and lower income Americans. The DOL rule will likely mimic an Obama administration rule, which…

Legislation/Regulation

Lawmakers should Support Rep. Warren Davidson’s “Keep Your Coins Act”

For the first time, the Canadian government has invoked the Emergencies Act of 1988, forcing banks to freeze financial accounts of individuals involved in protesting against COVID vaccine mandates. Trudeau’s action is targeted at truck drivers who have been protesting a new mandate that requires them to be vaccinated…

In the News

ATR Op-Ed in The Hill: “Forcing climate mandates on banks will stifle access to affordable credit”

In an op-ed published in The Hill yesterday, ATR Federal Affairs Manager Bryan Bashur points out how mandating banks to take green factors into consideration will increase borrowing costs for households and businesses and slow economic growth. The Biden administration and left-wing groups support the more stringent requirements on banks to…

Legislation/Regulation

SEC Failing to Provide Adequate Time for Public Feedback on Rulemaking

The Securities and Exchange Commission (SEC) is limiting timeframes for stakeholders to provide public comment on rulemaking. This is especially concerning because the SEC has been issuing complex and controversial draft rules for topics such as manipulation of security-based swaps, stock buybacks, insider trading, incentive-based compensation, and proxy voting.  Failure…

In the News

ATR Op-Ed in The Washington Times: “Biden appointee Gary Gensler trying to make it pricier to trade stocks”

In an op-ed published in The Washington Times this week, ATR Federal Affairs Manager Bryan Bashur emphasizes the importance of payment for order flow (PFOF) as an innovative component of stock trading that has allowed brokers to eliminate commissions for individual investors. The deregulation of stock trading commissions in…