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Tag Archive: Lobbying

Chamber of Commerce meets with CFTC chairman

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Yesterday a lobbyist and executives representing the U.S. Chamber of Commerce, which has criticized the whistleblower provisions in the Dodd-Frank financial law, met with Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission (CFTC), to discuss the issue.

Under the new law, the CFTC is given the authority to award whistleblowers 10 to 30 percent of the amount recovered when information they provide leads to an enforcement action yielding sanctions of $1 million or more. They can also file for relief if they face retaliation for their disclosures.

"Put simply, the proposed rule creates a set of ...

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Top financial regulators meets with industry leaders, lobbyists

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Elizabeth Warren, who has been charged with setting up the new Consumer Financial Protection Bureau, reported more meetings with individuals outside the government in December than any other Treasury official working on implementation of the Dodd-Frank financial law.

Warren, who also played an advisory role to the bank bailout oversight committee, reported 15 such meetings with a total of 204 different individuals representing a wide range of interests, from Brian Moynihan, CEO of Bank of America, to representatives of financial trade associations, to those from a long list of consumer groups, such as Consumer Federation of America and the Center ...

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CFC (Combined Federal Campaign) Today 59063

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