Proposals to improve public disclosure of corporate and government accountability data attracted the most interest from members of the public, a Sunlight Foundation analysis of 10 years of public comments shows.Continue reading
Support from Transparency International and a partnership with Thomson Reuters Foundation has enabled Sunlight to make data from the two important financial regulatory agencies available for analysis.Continue reading
When the members of the Senate Agriculture Committee meet today to consider the nominations of three new commissioners for the Commodity Futures Trading Commission, they will be voting on three professionals who have played the political donor game.Continue reading
This piece was prepared in collaboration with Drew Vogel In the two years since the mammoth Dodd–Frank Wall Street Reform and Consumer Protection Act became law, federal regulators have heard overwhelmingly from the biggest banks, according to a new Sunlight Foundation analysis of financial regulatory agency meeting logs. The voices of reform-oriented groups have been much quieter – particularly in the past 12 months. Since July 21, 2010 (when the president signed Dodd-Frank), regulators at the three major banking regulatory agencies – Treasury, the Fed and the Commodities Futures Trading Commission (CFTC) – have reported meeting with 20 big banks and banking associations on average a combined 12.5 times per week – as compared to on average just 2.3 meetings with reform-oriented groups. The top 20 banks show up 1,298 times in meeting logs at the three agencies, while groups favoring tighter regulations of the financial markets show up just 242 times.Continue reading
A former Commodity Futures Trading Commission (CFTC) commissioner has gone through the revolving door to the law and lobbying firm firm Patton Boggs, where he'll work as a senior policy advisor, the firm announced Tuesday.
"Regulatory agencies should be accessible to the businesses and industries they regulate," said Michael Dunn, the former commissioner, in a statement today. "I am excited to join the firm, and I look forward to helping clients navigate complex regulatory processes and agencies."
Appointed to the CFTC by former President George W. Bush, Dunn specialized in agricultural issues at the agency. His new employer is ...Continue reading
A handful of groups--including some backed by petroleum marketing firms, airlines and unions--were responsible for the great majority of some 13,000 comment letters sent to the Commodity Futures Trading Commission about a single proposed regulation mandated by Dodd-Frank, according to an analysis by the Sunlight Foundation.
The CFTC is expected to issue a final rule, which limits how many futures contracts an investor is allowed to hold in any one security, on Sept. 22, though the agency has yet to confirm that date. The position limits rule received one of the highest number of public comments in the agency ...Continue reading
On Friday, the New York Times reported that four agencies responsible for implementing the financial reform bill are announcing new... View ArticleContinue reading