Ways of Protection of Financial Consumers in China:From the Angle of the Experience of USA

Protection of financial consumers should be a key problem in the financial market study.After financial crises,the USA government has stressed protection of financial consumers on an unprecedented scale in the process of reforming its financial regulation system,the experience of which is worthy of study.Indeed,the concept of financial consumers should be accurately demarked in accordance with China's own conditions.The guiding thought is to take protection of financial consumers as the primary function of financial regulation.While the Consumers Protection Act of the PRC is assumed as the basic law,financial laws and regulations should be more emphasized.