Posted: 10 Dec 2014 04:29 PM PST
Text and links from Occupy the SEC follow:
Dear Friends,
This bulletin contains an update on what Occupy the SEC (occupythesec.org) has been up to lately, and what you can do to get involved.
Congress is on the verge of deregulating derivatives TODAY - Sign our petition to stop them.
Congress has historically used the end of the year as an opportunity to
pass controversial legislation with little publicity, often using
amendments to unrelated bills. This year is no different.
TODAY (December 10, 2014) our legislators are on the verge of approving
two key provisions that would significantly roll back crucial parts of
the Dodd-Frank Act's derivatives (swaps) restrictions. Those provisions
are Section 630 of the Senate Amendment to H.R. 83 (Omnibus Bill) and
Title III of the House's current version of the Terrorism Risk Insurance
Act of 2014 (TRIA).
These provisions are nothing more than an attempt by Wall Street
lobbyists and their friends in Congress to eviscerate important
derivatives reforms implemented by the Dodd-Frank Act.
We need YOU to contact your legislators as soon as possible and tell
them that you OPPOSE these sneaky deregulatory moves. If passed, these
provisions would pave the way for further gutting of Dodd-Frank, which
in turn would surely jeopardize our nation's economy, line the pockets
of wealthy financiers, and damage the fiscal health of every day
Americans.
Please sign our petition now by clicking on the
following link, which will allow you to send automatic emails to your
Congressional Representative and Senators.
http://www.petition2congress.
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