Share:

Join Occupy the SEC in Pushing Congress to Reject Dodd-Frank Deregulation

Messages Sent So Far
PETITION AGAINST LAST MINUTE DILUTION OF DODD-FRANK

As your constituent, I am requesting that you OPPOSE current attempts to roll-back crucial parts of the Dodd-Frank Act. Specifically, you should oppose 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?).

Section 630 would gut Dodd-Frank?s swaps pushout rule, and Title III would free so-called ?end-users? from margin requirements in derivatives trading. If passed, Section 630 would increase the chances that risky derivatives trading would once again require government bailouts. Similarly, Title III would proliferate credit risk from discrete end-users to the broader global economy.

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. To make matters worse, bank-friendly members of Congress are trying to sneak in these dangerous provisions into important, last-minute bills that have nothing to do with Dodd-Frank. By allowing the passage of Section 630 of the Omnibus Bill and Title III of the TRIA, you and other members of Congress would only be paving the way for further gutting of Dodd-Frank, which would surely jeopardize our nation?s economy, line the pockets of wealthy financiers, and damage the fiscal health of every day Americans.

A complete version of this petition, including detailed arguments against these provisions can be found at:

https://drive.google.com/file/d/0By16zy2H5G83WndHR2NlVkRhclk/view?usp=sharing
Public Comments
Jun 10th, 2017
sandy s. from Mapleton, OR writes:
Quotation mark icon
Not again!!! Our government likes Bubbles and Crashes and Bankster Casinos? We need Direct Democracy so the 99% can dictate Policy, not 1% owned politicians. We need Public Banking to socialize the Banks so the People can stabilize Banking for nominal loans and interest that keep savers and borrowers in business while all interest is rolled back in to more loans and interest. A People's Bank system, not a 1% Bankster's System.
Jun 10th, 2017
sandy s. from Mapleton, OR writes:
Quotation mark icon
Not again!!! Our government likes Bubbles and Crashes and Bankster Casinos? We need Direct Democracy so the 99% can dictate Policy, not 1% owned politicians. We need Public Banking to socialize the Banks so the People can stabilize Banking for nominal loans and interest that keep savers and borrowers in business while all interest is rolled back in to more loans and interest. A People's Bank system, not a 1% Bankster's System.
Jun 9th, 2017
Someone from Mountain Home, AR signed.
Jun 9th, 2017
Someone from Mountain Home, AR signed.
Jun 7th, 2017
Randall Scott C. from Hardshell, KY writes:
Quotation mark icon
Dismantle , get rid of Dodd frank bill
May 25th, 2017
Christine J. from Red Bank, NJ writes:
Quotation mark icon
Americans must be protected from the possibility of another banking crisis such as we had in 2008.
Feb 21st, 2017
Someone from Reseda, CA signed.
Feb 19th, 2017
Someone from Charlotte, NC writes:
Quotation mark icon
Up with CONSUMER PROTECTION... Down with CORRUPTION!
Feb 12th, 2017
Rebecca C. from Herndon, VA signed.
Feb 6th, 2017
James L. from Escondido, CA signed.
Feb 6th, 2017
Someone from Burlington, MA signed.
Feb 4th, 2017
Someone from Bridgewater, NJ writes:
Quotation mark icon
We need FULL access to ou financial records and consumer protection. Banks' first responsibility is to their customers.
Feb 3rd, 2017
Julianne M. from Portland, OR signed.
Feb 3rd, 2017
mary h. from Hendersonville, NC writes:
Quotation mark icon
we need consumer protection
Dec 20th, 2015
Someone from Long Island City, NY signed.
Dec 18th, 2015
Someone from Hobart, IN signed.
Nov 16th, 2015
Someone from Sherman, TX signed.
Jul 21st, 2015
Someone from Malibu, CA writes:
Quotation mark icon
This past year alone, the SEC Whistleblower Office received more than 3,500 tips from whistleblowers reporting corruption and fraud from every corner of the country -- none of which would be possible without the Dodd-Frank Act.
Jun 10th, 2015
Someone from Nashville, IN writes:
Quotation mark icon
The result of a 38% turnout in the last mid terms. Can't beat the Koch Bros. & their GOP pals with those stats.
May 16th, 2015
Someone from San Antonio, TX signed.
May 8th, 2015
Someone from Hobe Sound, FL signed.
Feb 9th, 2015
Someone from Lakewood, OH signed.
Feb 2nd, 2015
Someone from North Las Vegas, NV signed.
Jan 31st, 2015
Someone from Edwardsburg, MI signed.
Jan 21st, 2015
Someone from Indianapolis, IN signed.
Jan 16th, 2015
Someone from Moscow, ID writes:
Quotation mark icon
Is this just a first step for Republicans on the way to deregulating this country's financial system to the point where we become as graft-ridden and corrupt as Sudan or Uganda?
Jan 14th, 2015
Someone from Cambridge, MA signed.
Jan 14th, 2015
Someone from Brooklyn, NY signed.
Jan 14th, 2015
Someone from Knoxville, TN writes:
Quotation mark icon
a bright line must be drawn.....
Jan 11th, 2015
Someone from Newport, MI signed.
Jan 10th, 2015
Someone from Pisgah Forest, NC signed.
Jan 6th, 2015
Someone from Fords, NJ signed.
Jan 4th, 2015
Someone from Saint Charles, IL signed.
Dec 30th, 2014
Someone from Flagstaff, AZ signed.
Dec 28th, 2014
Someone from New York, NY writes:
Quotation mark icon
Thank heavens the GOP now has a majority in Congress pushing back state regulation to help the little people. GOP were against Obama bailing out the auto industry even after they screwed up the economy and now they want to ensure banks receive the same tax payer backed protection as small investors. This is what happens when you watch too much Fox news. Pay back for the banks funding of the GOP, openly corrupt and yet the Americans keep voting them in. What should be obvious now is this: American government now exists not to protect citizens from harm or to promote health or happiness. Rather, its sole purpose is to protect the wealthy and powerful from any losses whatever to their property or privileges by saddling the working class and taxpayers with endless debt and slavery in a "legal" system bought and paid for by the rich.
Dec 26th, 2014
Someone from Swarthmore, PA signed.
Dec 26th, 2014
Someone from Swarthmore, PA signed.
Dec 26th, 2014
Someone from Williamsburg, MI writes:
Quotation mark icon
Do we really need to repeat what happened in 2008. I think not! How much money do you all need to steal from the common hard working man and woman before you are happy. When are companies, banks and government going to be responsible for their own actions. This is not the America our families and ancestors fought and died for!
Dec 25th, 2014
Someone from Williamsburg, MI writes:
Quotation mark icon
All responsible scum need to be hung for treason!
Dec 21st, 2014
Someone from Malvern, PA signed.