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Study on Financial Consumer Protection and Legislative Practice in the USA

Gao Ming

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Abstract

Clear boundaries and major interests of financial consumers should be specified,paying full attention to the use of information tools,which is of great significance for the protection of consumer rights.U.S.legal changes after the financial crisis have been highlighting the need for continuous exploration of effective models of financial consumer protection.It's necessary for China to speed up the legislative research and practices,learning from foreign experiences and exploring financial system of consumer protection legislation suitable for China's reality.

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What this paper is about

Clear boundaries and major interests of financial consumers should be specified,paying full attention to the use of information tools,which is of great significance for the protection of consumer rights.U.S.legal changes after the financial crisis have been highlighting the need for continuous exploration of effective models of financial consumer protection.It's necessary for China to speed up the legislative research and practices,learning from foreign experiences and exploring financial system of consumer protection legislation suitable for China's reality.

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Available abstract

Clear boundaries and major interests of financial consumers should be specified,paying full attention to the use of information tools,which is of great significance for the protection of consumer rights.U.S.legal changes after the financial crisis have been highlighting the need for continuous exploration of effective models of financial consumer protection.It's necessary for China to speed up the legislative research and practices,learning from foreign experiences and exploring financial system of consumer protection legislation suitable for China's reality.

Key concepts: Legislature, Consumer protection, Legislation, China, Business, Finance, Financial crisis, Financial regulation

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