Legislation/Regulation

SAF Submit Comments on Proprietary Trading Proposed Rule

In January, the leaders of the several financial regulators – the Federal Reserve, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, the Federal Deposit Insurance Corporation and the Commodity Futures Trading Commission – announced their intent to amend sections of the Volcker Rule, a…

SAF Submits Comments on Leveraged/Inverse Funds & Due Diligence

The Shareholder Advocacy Forum submitted comments to the Securities and Exchange Commission regarding proposed rules that will restrict access to certain investment products and introduces a merit-based qualification examination to evaluate who can and cannot purchase these products. The proposed rules re-introduce a 2015 Obama-era rule that targets…

SAF Submits Comments on the SEC’s Resource Extraction Proposal

The Shareholder Advocacy Forum submitted comments to the Securities and Exchange Commission regarding proposed rules that require disclosure of payments made by resource extraction issuers such as crude oil and natural gas companies. This mandate was attached to the Dodd-Frank Wall Street Reform and Consumer Protection Act, which…

SAF Submits Comments on Amends to the Proxy Advisor Process

The Shareholder Advocacy Forum recently submitted comments to the Securities and Exchange Commission regarding its proposed rules to amend the proxy process. These revised rules are aimed at addressing concerns shareholders and businesses have raised criticizing the current process for lacking transparency among the proxy advisors and some of…

SAF Joins Coalition to Oppose SEC’s Obama Era Regulation

Shareholder Advocacy Forum joined a coalition of free-market organizations to encourage the Securities and Exchange Commission to withdraw its proposed rule to regulate the use of certain financial products and implement additional sales-practice rules in the financial market. The SEC plans to re-introduce a 2015 Obama era regulation…

SAF Joins Coalition Urging the SEC to Refrain from Implementing the CAT

Shareholder Advocacy Forum joined a coalition of free market groups led by Heritage Action for America encouraging the Securities and Exchange Commission to press pause on implementing the Consolidated Audit Trail. The CAT National Market System is a database established after the 2010 “Flash Crash”, as the SEC…