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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 11th, 2014
Someone from Los Angeles, CA writes:
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Why are we doing this again? Didn't the Wall Street bankers and big shots steal enough of our money? What about doing something for the people who elected you to office and pay their taxes?
Dec 11th, 2014
Someone from Huntersville, NC writes:
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When the United States Treasury, orders SURVIVAL KITS for Banks, you know the end of America is near http://www.zerohedge.com/news/2014-12-10/why-us-treasury-quietly-ordering-surival-kits-us-bankers
Dec 11th, 2014
Someone from Puyallup, WA signed.
Dec 11th, 2014
Someone from Hauppauge, NY signed.
Dec 11th, 2014
Someone from Sausalito, CA signed.
Dec 11th, 2014
Someone from Carrollton, TX writes:
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This attempt to by the banks to get the american people to backstop their bets is literally sickening to me.
Dec 11th, 2014
Someone from Warrenton, NC signed.
Dec 11th, 2014
Someone from Boise, ID writes:
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Stop the banks.
Dec 11th, 2014
Someone from Harrison, NJ writes:
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its amazing that people forget so soon no need to sucsidise wallstreet greed and where is the teaparty republicans they should be outraged by this as well..
Dec 11th, 2014
Someone from New Smyrna Beach, FL writes:
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Show us who you work for.
Dec 11th, 2014
Someone from Bloomington, IN signed.
Dec 11th, 2014
Someone from Denver, CO signed.
Dec 11th, 2014
Someone from Naples, FL writes:
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Please do the right thing by your conscience and the citizens you represent--not the financial industry. Vote against rolling back the Dodd-Frank Act derivatives requirements. This provision could be put in place without the express knowledge and approval of citizens at large. If it is put in place, we will all be ruined. It is only a matter of time; therefore, don't let it happen.
Dec 11th, 2014
Someone from Cornelia, GA signed.
Dec 11th, 2014
Someone from Southbury, CT signed.
Dec 11th, 2014
Someone from Sacramento, CA signed.
Dec 11th, 2014
Someone from Minneapolis, MN signed.
Dec 11th, 2014
Someone from Pahala, HI signed.
Dec 11th, 2014
Someone from Brooklyn, NY signed.
Dec 11th, 2014
Someone from Spring Mills, PA signed.
Dec 11th, 2014
Someone from Southfield, MI signed.
Dec 11th, 2014
Someone from Solvang, CA signed.
Dec 11th, 2014
Someone from Hayward, CA writes:
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How many times should we repeat the stupidity/cupidity of 2008?
Dec 11th, 2014
Someone from Ralls, TX signed.
Dec 11th, 2014
Someone from Ralls, TX signed.
Dec 11th, 2014
Someone from Kalamazoo, MI writes:
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Any dilution of regulations on any and all financial products including derivatives is unconscionable. The lack of regulations and enforcement of the pathetic rules that were in place played a major role in the catastrophic financial collapse in 2006 - 2008. How any intelligent person could suggest to gut regulations that attempt to control the nefarious behaviour of ethically, morally bankrupt financial executives and organizations
Dec 11th, 2014
Someone from Madison, WI writes:
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I have supported Tammy Baldwin. In 2009 I urged her to vote against the bank bail outs but she voted for it. Despite my agreement with her on other issues I will cease to support her and actively campaign AGAINST her if she votes for this. I will write her separately as well.
Dec 11th, 2014
Someone from Union City, NJ signed.
Dec 11th, 2014
Someone from San Luis Obispo, CA writes:
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We cannot allow the GOP to deregulate derivatives and credit default swaps by gutting Dodd-Frank! If Wall Street robs America one more time we will be finished as a country and we citizens will just be sold off to China by Bain Capital. This must not happen!
Dec 11th, 2014
Someone from Seattle, WA signed.
Dec 11th, 2014
Someone from Woodbridge, VA signed.
Dec 11th, 2014
Someone from Rosenberg, TX signed.
Dec 11th, 2014
Someone from Greensboro, NC signed.
Dec 11th, 2014
Someone from Montclair, NJ signed.
Dec 11th, 2014
Someone from Benson, NC signed.
Dec 11th, 2014
Someone from Rochester, NY signed.
Dec 11th, 2014
Someone from New York, NY signed.
Dec 11th, 2014
Someone from Libertyville, IL writes:
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how much more can you steal ?
Dec 11th, 2014
Someone from Alexandria, VA writes:
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I believe Dodd-Frank should, if anything, be strengthened, rather than weakened. Moreover, changes should only occur in a carefully financial legislation, not stuck in a midnight spending bill.
Dec 11th, 2014
Someone from Brattleboro, VT signed.