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

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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
Dec 21st, 2014
Someone from Malvern, PA signed.
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Dec 20th, 2014
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Dec 19th, 2014
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Dec 19th, 2014
Someone from New York, NY writes:
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No more taxpayer bailouts for irresponsible banking. Is 2008 just a faded memory to Americans?
Dec 18th, 2014
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Dec 17th, 2014
Someone from Huntersville, NC writes:
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IRS Steals Life Savings Straight From Law Abiding Americans bank accounts: http://www.wnd.com/2014/10/irs-seizes-life-savings-for-deposits-under-10000/ May everyone who works for that "den of thieves" roast in hell for all eternity for rampant usury and THEFT
Dec 17th, 2014
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Dec 16th, 2014
Someone from Newtown, CT writes:
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You would think - you WOULD think - that rational people WOULD have learned. This just further inflames the distrust that Americans have with Congress. I'm hoping YOU can help change that.
Dec 16th, 2014
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Dec 15th, 2014
Someone from Denver, CO writes:
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These are not left vs. right issues. And the key divide is certainly not the liberal left against anyone else. This is a broad coalition of people who care about financial stability ? and who are fighting against a mighty lobby. It is past time our elected officials worked for those who elect them. NOT the banks who fund them.
Dec 15th, 2014
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