Foundation for Economic Education
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Consumer Protection Planned for Financial Products
Posted By Sheldon Richman
“The Obama administration is actively discussing the creation of a regulatory commission that would have broad authority to protect consumers who use financial products as varied as mortgages, credit cards and mutual funds, according to several sources familiar with the matter.” (Washington Post [1], Wednesday)
Yeah, that’ll work.
FEE Timely Classic
“Regulation Will Stop Future Madoffs? It Just Ain’t So!” [2] by Chidem Kurdas
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/consumer-protection-planned-financial-products/
URLs in this post:
[1] Washington Post: http://www.washingtonpost.com/wp-dyn/content/article/2009/05/19/AR2009051903061.html?hpid=topnews
[2] “Regulation Will Stop Future Madoffs? It Just Ain’t So!”: http://www.thefreemanonline.org/departments/it-just-aint-so/regulation-will-stop-future-madoffs-it-just-aint-so/
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