NEW INVESTOR ADVOCACY COALITION CALLS ON SEC, CONGRESS TO FIX RIA FORCED ARBITRATION PROBLEMS
Formation of Investor Advocacy Coalition Follows Increasing Complaints from Wronged Investors, Scathing SEC OIA Report That Found RIAs in ‘Violation of the Fiduciary Duty’; Groups Calling for Reforms to Industry-Favored…
Read More about NEW INVESTOR ADVOCACY COALITION CALLS ON SEC, CONGRESS TO FIX RIA FORCED ARBITRATION PROBLEMSLetter: NACA Joins Letter to SEC Calling for Rule on Forced Arbitration
Public interest groups sent a letter to the Securities and Exchange Commission urging the Commission to issue a rule prohibiting forced arbitration clauses in investment adviser and broker-dealer contracts with…
Read More about Letter: NACA Joins Letter to SEC Calling for Rule on Forced ArbitrationGroups Send Letter to Senate in Support of Consumer Tax Bill
Public interest groups sent a letter to the Senate Finance Committee expressing support for the reintroduced End Double Taxation of Successful Consumer Claims Act, S. 3459. The bill would amend…
Read More about Groups Send Letter to Senate in Support of Consumer Tax BillCFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking Fees
January 17, 2024 For Immediate Release: CFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking Fees WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau proposed a rule that…
Read More about CFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking FeesNACA Joins Letter in Support of Department of Labor’s Retirement Security Rule
NACA signed on to a letter in support of the Department of Labor’s Retirement Security Rule which would strengthen protections for retirement investors seeking professional investing advice.
Read More about NACA Joins Letter in Support of Department of Labor’s Retirement Security RuleCoalition Applauds Congressional Efforts to Restore Consumer Rights
December 14, 2023 Coalition Applauds Congressional Efforts to Restore Consumer Rights Letter Supports CFPB Rulemaking Reining in Big Banks’ Abuse of Forced Arbitration WASHINGTON – Today, a coalition of consumer…
Read More about Coalition Applauds Congressional Efforts to Restore Consumer RightsConsumer Advocates Applaud FTC for Moving Ahead with CARS Rule
December 12, 2023 WASHINGTON – Today, the Federal Trade Commission (FTC) announced its final rule targeting deceptive conduct in the sale and financing of motor vehicles, titled the “Combatting Auto Retail Scams”…
Read More about Consumer Advocates Applaud FTC for Moving Ahead with CARS RuleGroups Send Letter to Congress Opposing Earned Wage Access Bill
A coalition of 119 public interest groups including NACA sent a letter to Rep. Bryan Steil opposing the draft Earned Wage Access Consumer Act. The draft bill would obscure the…
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NACA Joins Letter Urging Vote on TICKET Act
NACA joined other members of the Ticket Buyer Bill of Rights Coalition on a letter to the U.S. House requesting a full floor vote of the TICKET Act, H.R. 3950.
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