Hi friend,
This month, Better Markets celebrated its 15th anniversary. Fighting for hardworking Main Street Americans, an economy that works for everyone (not just the wealthy and well-connected), and a stable, strong financial system that supports the real productive economy (not just bonus boosting financial activities) have not made us popular in Washington or on Wall Street. The financial industry and its many allies are used to getting their way and don’t like their lobbying, access, and influence opposed or their activities being public exposed and scrutinized.
|
Notwithstanding their best efforts to shut us down, we haven’t just survived but thrived over the last 15 years. At our recent celebration, we had the opportunity to honor a number of the key people who made our organization, mission, and impact possible. We were fortunate to be joined by many friends, allies, and collaborators who have been such good partners over the years. You can view some photos from the DC event here and look back at some of our most meaningful activities and wins in our recent 15th Anniversary Report.
|
Successes notwithstanding, it can still be pretty scary out there. It seems like every other day, we’re battling the ghosts of Wall Street’s past and telling tales from the crypto crypt. Step into our Better Markets Haunted House of Financial Horrors – October Edition.
Featuring:
|
As we have for 15 years, at Better Markets every day we get up ready to fight financial nightmares to make sure they don’t become reality for hardworking Americans. Our work continues to have impact. Just this month, we applauded the D.C. Circuit’s recent rejection of challenges to an important SEC rule that updates the way stocks are traded, as Better Markets urged in its amicus brief. And we continue to bring together the brightest minds to address the vital economic issues facing all Americans, as we did in a recent webinar, “Affordability and Inflation: What If We’re Thinking About It All Wrong.”
Read more about this month’s policy skeletons, regulatory ghosts, or crypto creatures below. And, as always, thank you to those of you who support us—we couldn’t do it without you.
With gratitude,
Dennis
Dennis M. Kelleher
Co-founder, President, and CEO
|
|
|
If you use a bank, credit card, or have a mortgage, the Supreme Court’s decisions can affect you. That’s why it’s important for the Court to make sure big companies don’t have unfair advantages over Main Street Americans. Our Supreme Court report shines a flashlight on the major cases the Court will hear this term—because financial fairness shouldn’t be a ghost story.
|
Thirteen years ago, the SEC unleashed the Consolidated Audit Trail (CAT)—a powerful tool to catch market tricksters while spooking an industry who’d rather keep truth in the dark. Now, SEC Chair Paul Atkins is trying to bury the CAT. Even though it helps expose wrongdoing, the CAT is under attack—just when we need it most.
|
|
|
Wall Street’s up to its old game—trying to slash their financial safety nets to just 4%, like they did before the 2008 crash. That’s scary low, especially when combined with record debt. If they succeed, it could put everyday jobs and homes at risk again. The American people deserve to know the truth: big banks are creeping back toward danger, and Main Street could be the next victim.
|
The SEC is supposed to be an independent agency—but lately, it’s acting like it’s been taken over by pod people. Chair Paul Atkins seems more interested in echoing the Trump administration than protecting investors. Our fact sheet reveals the eerie truth: the agency’s mission is being abducted, and Main Street could be the next target.
|
|
|
Better Markets in the News
|
|
|
| Eliminating the disclosure of the identity of short sellers will likely result in increased short selling activity, but who would that benefit? More financial activity often leads to bubble growth, not economic growth that benefits the real productive economy.”
|
| |
|
Fighting for the Public Interest at the Rule Writing Agencies
|
|
|
Each month our legal team outlines some of the top cases we're keeping an eye on, the Amicus "Friend of the Court" Briefs we have filed, and why everyone with a bank account, credit card, mortgage loan, or retirement loan should be interested in those cases.
|
| The government has been shut down all of October, with no end in sight. While the shutdown has been the most discussed topic on Capitol Hill, there have still been a number of important financial regulation developments.
|
|
|
Ben Schiffrin, Director of Securities Policy, went on NPR’s On Point to discuss prediction markets and the risks of unleashing betting on elections.
|
| |
|
|
Amanda Fischer, Policy Director & COO, was a guest on American Banker’s podcast where she discussed the lack of regulation around stablecoins.
|
|
|
©2025 Better Markets, Inc. All Rights Reserved
2000 Pennsylvania Avenue, Suite 4008, Washington, DC 20006
|
|
|
Manage your preferences | Opt Out using TrueRemove™
Got this as a forward? Sign up to receive our future emails.
View this email online.
|
1825 K Street NW Suite 1080 | Washington, DC 20006 US
|
|
|
This email was sent to .
To continue receiving our emails, add us to your address book.
|
|
|
|