Posted by & filed under Part 6 Managing Financial Resources.

Description:  Far-reaching legislation aimed at overhauling the nation’s financial-services regulatory system is moving forward in Congress, but advocates say some of the proposed consumer protections are too weak.

Source: Marketwatch.com
 
Date: 03/25/2010

Link: http://www.marketwatch.com/story/will-bank-reform-proposals-protect-consumers-2010-03-25?siteid=nwtwk

Questions for discussion:

  • Do you believe consumers need a high level of legislation to protect them from the financial services industry?
  • What sorts of problems do you attribute to poor consumer protection laws?
  • Why do you think some people might feel differently about consumer protection legislation for financial services in comparison to other services and products in the marketplace?

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