August 17, 2024

Better Markets in Washington Post on Election Betting

U.S. looks to ban election betting as traders flock to prediction sites Washington Post, August 17, 2024 By Tony Romm Even before President Joe Biden had announced his exit from the 2024…

February 22, 2024

NYC Bancorp: A Frankenstein Monster Federal Regulators Created

WASHINGTON, D.C.— Dennis Kelleher, Co-founder, President and CEO, issued the following statement in connection with the release of a Fact Sheet, New York Community Bancorp: A Frankenstein Monster Federal Regulators Created:…

December 05, 2023

Policymakers Need to Increase Data Collection to Address the Growing Impact of Climate Change on Insurance

WASHINGTON, DC – Dennis Kelleher, Co-founder, President, and CEO, issued the following statement on Better Markets joining leading progressive advocacy groups, including Public Citizen, in a letter supporting the Federal Insurance Office’s…

October 24, 2023

We Welcome the FDIC, Federal Reserve, and OCC’s Climate-Related Financial Risk Management Guidance, But Stronger Action Is Needed and Long Overdue

WASHINGTON, D.C.— Dennis M. Kelleher, Co-founder, President, and CEO issued the following statement in response to today’s interagency policy statement on Principles for Climate-Related Financial Risk Management for Large Financial Institutions.

October 05, 2023

The SEC’s Predictive Data Analytics Rule is Essential to Protect Investors from Conflicts of Interest as Financial Firms Increasingly Use Artificial Intelligence

WASHINGTON, D.C.— Legal Director and Securities Specialist Stephen Hall issued the following statement in connection with the release of a Fact Sheet concerning the Securities and Exchange Commission’s proposed rule…

September 28, 2023

Media Advisory: Scott Farnin of Better Markets to Speak on Panel at Federal Reserve Bank of New York Fintech Conference

WASHINGTON, DC –Scott Farnin, Legal Counsel, will be speaking on a panel at The Fourth New York Fed Conference on Fintech: Artificial Intelligence and Digital Assets on Friday, September 29. Scott…

September 18, 2023

At Upcoming Meeting, SEC Should Adopt Strong Enhancements to ESG Mutual Funds and ETFs “Names Rule” to Protect Investors from Greenwashing

WASHINGTON, D.C.—On Wednesday, September 20th, the U.S. Securities and Exchange Commission (SEC) will consider whether to adopt proposed rules governing investment company names (which includes mutual funds, ETFs, BDCs, etc.) that are…

September 14, 2023

Lone Wells Fargo Executive Charged Criminally, Carrie Tolstedt, to be Sentenced Tomorrow for Crimes in Phony Accounts Scandal

Highest-Level Conviction for Major Financial Institution Executive in Years To:       Interested Parties From:  Dennis Kelleher, President and CEO (Media Contact: Anton Becker, Dir. of Communications  abecker@bettermarkets.org) Date:   September 14,…

July 21, 2023

FDIC Must Ensure Large Banks, Not Community Banks, Pay for the Losses to Deposit Insurance Fund Resulting from Recent Bank Failures

WASHINGTON, D.C.— Dennis M. Kelleher, Co-founder, President, and CEO of Better Markets, issued the following statement on the filing of Better Markets’ Comment Letter to the Federal Deposit Insurance Corporation (FDIC)…