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and safe marketplace for all...”

Money

Individual investors need a trustworthy marketplace and fair fees. Reliable, effective accounting practices are essential to investor faith in the markets. Our RestoreTheTrust.org campaign gives small investors a voice for meaningful changes in the financial markets.

Following are news releases, letters to legislators, and other documents Consumers Union has issued on this issue.

Investments

Accounting Reform
- CU Concerns Over Abusive Practices at Ernst & Young
- CU Supports "The Auditor Independence and Tax Shelters Act"
- Leading National Consumer Groups Charge Audit Firm with Undermining Key Auditor Independence Reform
- CFA Letter to the SEC Urging an Investigation into Accounting Abuses
- California lawmakers poised to adopt measures to strengthen federal accounting reform
- President Signs Corporate Reform Law: Statement By Consumers Union
- Key Lawmakers Agree To Historic Corporate Reform Bill
- Protect the California public from the next Enron
- CU Endorses Legislative Package To Curb Enron-Style Accounting Abuses
Investments
- CU joins consumer advocates in opposing weakened investor protections
- CU joins other consumer groups in decrying attack on investor protections
- Letter to the SEC espressing opposition to broker-dealer adopted rules
- CFA Letter to the SEC Urging an Investigation into Accounting Abuses
Mutual Fund Reform
- CU joins other consumer groups to support Senator Akaka's bill calling for fiduciary obligations for brokers who give financial advice
- Letter to the SEC Regarding Mutual Fund Reform
- Response to Chairman Donaldson's Congressional Testimony and Recommendations for Mutual Fund Reform
- CU submits letter to SEC responding the Chair's testimony regarding mutual fund reform
- Letter to Senate Urging Mutual Fund Reform
- Letter to the US Banking Comm. on Mutual Fund Reform
- Senate Banking Considers Comprehensive Mutual Fund Reforms
- Consumer Groups Offer Blueprint for Mutual Fund Reform