Dec 16, 2009
Government taking money from Girl Scouts?
Article in Reason Magazine online exposes impacts of consumer financial regulation on charities
An aticle today on Reason.com sheds light on the impacts of the consumer financial protection legislation (making its way through Congress) on organizations such as the Girl Scouts.
Sandra Swirski, the executive director of ACR, is quoted as saying “We became concerned because financial activity is defined broadly. It could capture a small solicitation at the bottom of a college brochure to alumni, foundation advice to grantees, and other day-to-day garden variety financial information.” ACR’s work on this legislation is highlighted as well.
Read the entire article here.
For more on ACR’s efforts on CFPA, click on the “consumer financial protection” tag (button) below.