Better Markets
@BetterMarkets

An independent, nonpartisan, nonprofit promoting the economic security, opportunity & prosperity of the American people.

 Washington, DC
linktr.ee/bettermarkets
Joined June 2010
3,812 Photos and videos
Today, the Sixth Circuit joined the Ninth Circuit in recognizing what we have been arguing for years now: that Kalshi’s event contracts on sporting events are not swaps and are not properly regulated by the CFTC, and state gambling laws are not preempted. Link below.
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Kalshi’s Event Contracts are Gambling, CFTC Can’t Preempt State Law As 6th Circuit Is the Latest...

WASHINGTON, D.C.— Dominick Freda, Legal Director of Better Markets, issued the following statement regarding the decision in KalshiEX LLC v. Schuler, Nos. 26-3196/5235 (6th Cir.), rejecting Kalshi’s...

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Mark your calendars—on October 8, Better Markets will host a conversation on building a people-centered AI agenda with Nobel laureate Joseph Stiglitz, Columbia University Professor and Roosevelt Institute Chief Economist, and Evan LeFlore, Director of AI, Innovation, and Economic Opportunity. Register here: events.zoom.us/ev/AgUw1O9x7d…
White text on a blue background reading: WEBINAR. AI: Building a People-Centered Agenda-A Conversation with Joseph Stiglitz. Oct 8 1:00-2:00 PM EDT.

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The Fed’s stablecoin proposal fails to include guardrails essential to protecting depositors, banks, the financial system, taxpayers, and our economy. See the link below to learn more about this critical financial stability issue.
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Fed Stablecoin Proposal Leaves Significant Financial Stability Risks Unaddressed | Better Markets

WASHINGTON, D.C. – Christopher Appel, Director of Banking Policy at Better Markets, issued the following statement after the Federal Reserve Board (Fed) issued its stablecoin proposal to implement...

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Since 2008, the Federal Reserve has struggled with a critical question: do its own bank rules make banks hold more Treasuries or fewer? The answer shapes borrowing costs, market stability, and your mortgage rate. Our new Substack explains what's at stake.
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.@DennisKelleher joined @Axios' Courtenay Brown for a great conversation last week on how quarterly reporting, community banks, and the growing debate around AI and crypto regulation affect the lives of Americans in communities across the country.
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Dennis Kelleher engages in conversation with Courtenay Brown on a stage.

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EVENT: Join us October 8 for a virtual conversation on AI and the economy featuring @JosephEStiglitz and Evan LeFlore, Director of AI, Innovation, and Economic Opportunity. Register today. tinyurl.com/aiwebinarbm
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At a time when the American public is inundated with email scams, the SEC’s proposal to withhold paper statements from investors—without their affirmative consent—will make matters worse, especially for older investors. See the link below to learn more.
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Investors Should Receive Information Electronically Only With Their Consent | Better Markets

WASHINGTON, D.C.— Benjamin Schiffrin, Director of Securities Policy for Better Markets, issued the following statement on the filing of Better Markets’ comment letter to the Securities and Exchange...

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Today, Fed Vice Chair for Supervision Bowman refused accountability, claiming that she and the rules she voted to weaken were blameless for the 2023 failure of Silicon Valley Bank. Instead, she insists that the fault lies with Fed career staff. Link below.
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Another review of Silicon Valley Bank will not change the basic, undisputed facts about its collapse—or Vice Chair for Supervision Michelle Bowman’s own record of weakening the rules and supervision designed to prevent precisely this type of large bank failure. Read our statement. bettermarkets.org/newsroom/b…

Bowman’s Silicon Valley Bank Monday Morning Quarterback Report Cannot Whitewash Her Own Failed...

WASHINGTON, D.C. – Christopher Appel, Director of Banking Policy at Better Markets, released the following statement after Michelle Bowman announced the “initial findings” of the Federal Reserve’s...

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WATCH: Thanks to @Axios & Courtenay Brown for a lively discussion with @DennisKelleher about @SECgov’s quarterly reporting rule, community banks, the debate over AI & crypto oversight. piped.video/watch?v=Uu7fIo1a…

Dennis Kelleher makes the case for keeping quarterly reports

Axios senior economics reporter Courtenay Brown speaks with Better ...

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Under Chair Atkins, the SEC has proven it will do anything to benefit the crypto industry—including endangering investors by exempting crypto companies that want to facilitate tokenized stock trading from the federal securities laws. Link below.
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SEC’s Innovation Exemption Imperils Investors | Better Markets

WASHINGTON, D.C.— Benjamin Schiffrin, Director of Securities Policy for Better Markets, issued the following statement after the Securities and Exchange Commission (SEC) issued its so-called ‘innov...

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Today, the SEC proposed to eliminate a basic shareholder right—the right to submit proposals on matters that shareholders consider important to the company. This is the latest move on the part of the SEC to silence shareholders. Link in the comments.
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SEC Moves to Silence Shareholders | Better Markets

WASHINGTON, D.C.— Benjamin Schiffrin, Director of Securities Policy for Better Markets, issued the following statement in connection with the Securities and Exchange Commission (SEC) proposing to...

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