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
Dec 14th, 2014
Someone from Buckley, MI signed.
Dec 14th, 2014
Someone from Buckley, MI signed.
Dec 14th, 2014
Someone from Glendale, AZ signed.
Dec 14th, 2014
Someone from Huntersville, NC writes:
Quotation mark icon
3 Major Signs of Economic Collapse: https://www.youtube.com/watch?v=ihe48Q4xdX4
Dec 14th, 2014
Someone from Fayette, OH signed.
Dec 14th, 2014
Someone from Virginia Beach, VA signed.
Dec 14th, 2014
Someone from Huntersville, NC writes:
Quotation mark icon
SOMETHING is about to happen as bankers have been dropping like flies: http://www.hangthebankers.com/48-suspicious-banking-deaths/ The ponzi scheme called our American Economy is at it's end....
Dec 14th, 2014
Someone from Dearborn Heights, MI signed.
Dec 14th, 2014
Someone from Milford, CT signed.
Dec 14th, 2014
Someone from Los Angeles, CA signed.
Dec 14th, 2014
Someone from Jersey City, NJ signed.
Dec 14th, 2014
Someone from Fort Lauderdale, FL signed.
Dec 14th, 2014
Someone from Kearney, NE writes:
Quotation mark icon
~ GOP 2010 'Pledge to America' "We will end the practice of packaging unpopular bills with ?must-pass? legislation to circumvent the will of the American people. Instead, we will advance major legislation one issue at a time." "A plan to create jobs, end economic uncertainty, and make America more competitive must be the FIRST and most urgent domestic priority of our government. So first, we offer a plan to get people working again."
Dec 14th, 2014
Someone from Madison, WI signed.
Dec 14th, 2014
Someone from Santa Fe, NM signed.
Dec 14th, 2014
Someone from Olathe, KS signed.
Dec 14th, 2014
Someone from Richmond, CA signed.
Dec 13th, 2014
Someone from Racine, WI signed.
Dec 13th, 2014
Someone from Baldwinsville, NY signed.
Dec 13th, 2014
Someone from Savonburg, KS signed.
Dec 13th, 2014
Someone from Molalla, OR signed.
Dec 13th, 2014
Someone from Fullerton, CA signed.
Dec 13th, 2014
Someone from Fords, NJ signed.
Dec 13th, 2014
Someone from Bristol, CT writes:
Quotation mark icon
Please don't do this.
Dec 13th, 2014
Someone from Tucson, AZ signed.
Dec 13th, 2014
Someone from Colorado Springs, CO signed.
Dec 13th, 2014
Someone from Northport, NY signed.
Dec 13th, 2014
Someone from Northport, NY signed.
Dec 13th, 2014
Someone from Woodbridge, VA writes:
Quotation mark icon
This budget in general is an incredibly bad piece of legislation, but gutting Dodd-Frank is one of the worst ideas in it. This should be stripped of all amendments and sent back to the House for correcting.
Dec 13th, 2014
Someone from Palmyra, PA signed.
Dec 13th, 2014
Someone from Cambridge, MA signed.
Dec 13th, 2014
Someone from Seattle, WA signed.
Dec 13th, 2014
Someone from Sheridan, MI writes:
Quotation mark icon
There are enough foxes in the hen-house now. Don't let more of them BACK in!
Dec 13th, 2014
Someone from Albany, NY writes:
Quotation mark icon
Supreme court case Bush v Gore (2000) was the beginning of the end of the Republic. Is section 630 another nail in the coffin or the coup de grace? The leasing and renting of pliant and oblivious legislators seems like the new normal on Wall St and Washington nowadays. Take a shower while there's still affordable hot water, hunker down and get used to it...our country is in for a rude shock.
Dec 13th, 2014
Someone from Surprise, AZ writes:
Quotation mark icon
You have a responsibility. Buck up and do your jobs! Representing the interests of the everyday American!
Dec 13th, 2014
Someone from Bradford, PA signed.
Dec 13th, 2014
Someone from Yorktown Heights, NY signed.
Dec 13th, 2014
Someone from Metairie, LA signed.
Dec 13th, 2014
Someone from Dawson Springs, KY signed.
Dec 13th, 2014
Someone from Madison, WI signed.
(c) Petition2Congress, all rights reserved. For support: email info@rallycongress.com or call (202) 600-8357