Americans for Financial Reform, a consumer coalition that helped bring about the Dodd-Frank Act, added its voice Tuesday to the chorus of liberal activists charging the Securities and Exchange Commission is too weak.

“The SEC is one of the financial watchdogs that was too often asleep at the switch in the years leading up to the disaster of 2008-09. It needed an injection of backbone then, and sadly, it still does,” said the group, whose affiliates includes AARP, the National Urban League, Common Cause and Consumers Union.

AFR is beginning a drive asking its members to write President Obama urging him to replace outgoing SEC Commissioners Democrat Luis Aguilar and Republican Daniel Gallagher with commissioners “who are committed reformers and investor advocates, not revolving door defenders of Wall Street profits and privilege.”

The group charges a long litany of presidents has opted for Wall Street insiders as commissioners.

The SEC is composed of three commissioners of the president’s party and two from the opposition. Traditionally, legislators from the opposition party have been given the right to choose their commissioners at the SEC.

Looking at recent SEC actions, Americans for Financial Reform criticized the regulator for not doing its job very well at restraining Wall Street recklessness.

Similar charges have been made over the last year from liberal activists including Massachusetts Sen. Elizabeth Warren, Consumer Federation of America Director of Investor Protection Barbara Roper and former SEC Investor Advisory Committee Member Mercer Bullard.