article 3

article 3 - Fin 3403-301 Article Summary Chapter 18:...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Fin 3403-301 Article Summary Chapter 18: Financial Planning Mintz, Phil. "Feds Call for Consumer Financial Protections." Businessweek.com . 16 Jan. 2009. Web. 10 Apr. 1010. <http://www.businessweek.com/bwdaily/dnflash/content/jun2009/db2 0090616_947662.htm>. The paper explored the potential agency that the White House is proposing that will have broad power to regulate financial products offered to consumers. The new agency will be a part of a broad set of financial regulation changes prompted by the economic meltdown with full authority to protect consumers and oversee credit, savings, payment and other consumer financial products and services. This agency will also be responsible for promoting clear information for consumers and protecting the, from unfair deceptive practices and at the same time improve access to financial services. President Obama stated that, “The problem is right now you have consumers and investors and the agencies that are responsible for the integrity of the institutions, so you‘ve got
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 06/05/2011 for the course BUS 101 taught by Professor T.mcgee during the Spring '08 term at FSU.

Page1 / 2

article 3 - Fin 3403-301 Article Summary Chapter 18:...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online