OTC MARKET NEWS Powered By Quantifi

4 Landmark Moves That Backstopped Consumers 

September 19, 2013
Sheyna Steiner, Fox Business

The world is a slightly safer place for consumers since the American economy unraveled. In the wake of the financial crisis, regulators and lawmakers got tough on some of the worst actors at the root of the recession and wrote a pile of checks to stimulate the economy.

After all the fiscal spending and regulatory maneuvering, Americans won a handful of potentially lasting consumer protections. Here's a look at what's changed since Wall Street came apart at the seams.

Dodd-Frank Act

Though the Dodd-Frank Wall Street Reform and Consumer Protection Act focused more on ways to prevent the worst of the Wall Street excesses, consumers did score some wins in the wake of the financial crisis. The results have been mixed.

Read more: Fox Business

 
Comments are closed on this post.

Subscribe

Submit your email to receive our newsletter

GO