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News Releases and Updates
6/25/2010 - ATA Commends Conference Committee for Adopting Tough Wall Street Reforms
The Air Transport Association of America (ATA), the industry trade organization for the leading U.S. airlines, today issued the following statement in response to comprehensive financial-reform legislation agreed to by lawmakers.   Air Transport Association Press Release
6/14/2010 - Tell Congress to Reject Wall Street Lobbying!
Congress will draft the final version of the financial and speculation reform legislation in the coming weeks. Please remind your representative and senators to support regular Americans - not wealthy executives on Wall Street - by stopping oil speculation now.   S.O.S. Now E-mail Update
5/21/2010 - Thanks to You, the Senate Passes Strict Rules to Stop Rampant Oil Speculation
Congratulations! The Senate overwhelmingly passed new rules to stop rampant speculation on Wall Street. Thanks in large part to your e-mails and outreach, the Senate overcame a filibuster and rejected all amendments that would have weakened speculation reform.   S.O.S. Now E-mail Update
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Articles of Interest
7/30/2010 - What to expect from financial reform
After more than one year of legislative wrangling, Congress has passed and President Obama has signed the Dodd-Frank Wall Street Reform and Consumer Protection Act.   Birmingham Business Journal
7/29/2010 - Chilton Not Concerned New Rules to Push Trading Overseas
Bart Chilton, a commissioner of the Commodity Futures Trading Commission, discusses regulation of the over-the-counter derivatives market.   Bloomberg | Commodities Now
7/29/2010 - Reform brings a renewed focus on short-term results
While much has been made out of the sheer heft of the 2,300-page behemoth known as the Dodd-Frank Act, it's a mere 26 pages that address the corporate governance and compensation issues that will have a profound effect on public companies and their investors.   Fortune
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Opinion Leaders Speak Out
7/28/2010 - Rep. Jim Oberstar (D-FL), House of Representatives
"This new law is an important first step toward common-sense reform of our financial markets. But if the meltdown taught us anything, it taught us that big banks and Wall Street investors exist to generate profits for investors and not to protect consumers. It is the job of Congress to remain vigilant on behalf of the American people."  Bemidji Pioneer
7/28/2010 - Bart Chilton, commissioner, CFTC
"The law is going to be much stronger with the new bill. I'm itching to use the authority. This new disruptive practices (authority) will allow us to go after trading that can disrupt and contort markets."  Commodities Now
7/22/2010 - Sen. Susan Collins (R-ME), U.S. Senate
"This legislation will help protect the hard work, the savings and the dreams of the American people. Honest savers, borrowers and investors deserve a regulatory system suited to demands of modern times, where dangerous regulatory gaps are closed, where large institutions are subject to capital requirements, and where risky transactions are identified and controlled before they pose a threat to the economy as a whole."  Bangor Daily News
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Happening Now
7/28/2010  Wall Street reform marks end of too big to fail
Bemidji Pioneer | The Olympian
7/21/2010  US airlines see benefit from financial reform law
Reuters
7/15/2010  ATA Hails Passage of Final Wall Street Reform Bill
ATA News Release
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What the Experts Say ...
"The fact is the financial industry is central to our nation's ability to grow, to prosper, to compete and to innovate. This reform will foster innovation, not hamper it. It is designed to make sure that everybody follows the same set of rules."
President Barack Obama, United States of America, 07/21/2010
McClatchy Newspapers