Washington, D.C. – Dennis Kelleher, President and CEO of Better Markets, issued this statement following the release of the House Appropriations Committee’s fiscal year 2016 Financial Services bill, which further underfunds the SEC cops on the Wall Street beat:
“Wall Street’s allies in Congress continue to put American families at risk by not fully funding the SEC at the President’s requested levels and by pushing special interest provisions. The American people have suffered enough. America’s elected representatives in Congress should stop doing Wall Street’s bidding and put the SEC cops back on the Wall Street beat.”
Better Markets is an independent, nonprofit, nonpartisan organization that promotes the public interest in financial reform in the domestic and global capital and commodity markets. Better Markets advocates for transparency, oversight and accountability with the goal of a stronger, safer financial system that is less prone to crisis and failure thereby eliminating or minimizing the need for more taxpayer funded bailouts. To learn more, visit www.bettermarkets.com.