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The measure included an increase in staff and authority, to enhance the department's regulatory scope and enable it to become a national model for consumer protection. Effective September 29, 2020, the DBO changed its name [4] to the Department of Financial Protection and Innovation. The California Consumer Financial Protection Law
To promote economic growth, provide tailored regulatory relief, and enhance consumer protections, and for other purposes. Enacted by: the 115th United States Congress: Effective: May 24, 2018: Citations; Public law: Pub. L. 115–174 (text) Codification; Acts amended: Commodity Exchange Act Consumer Credit Protection Act Federal Deposit ...
Consumer interests can also serve consumers, consistent with economic efficiency, but this topic is treated in competition law. Consumer protection can also be asserted via non-government organizations and individuals as consumer activism. Efforts made for the protection of consumer's rights and interests are: The right to satisfaction of basic ...
The Dodd–Frank Wall Street Reform and Consumer Protection Act, commonly referred to as Dodd–Frank, is a United States federal law that was enacted on July 21, 2010. [1] The law overhauled financial regulation in the aftermath of the Great Recession , and it made changes affecting all federal financial regulatory agencies and almost every ...
The Consumer Financial Protection Bureau's "open banking" rule governs data sharing between fintech firms and traditional banks, allowing consumers to easily transfer their personal data between ...
(Reuters) -The U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules to buy now, pay later (BNPL) lenders, the agency said on Wednesday, in a bid to ...
The Seventh United Nations Conference to Review All Aspects of the Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices, which was held in Geneva from 6 to 10 July 2015, adopted by unanimity the Draft Resolution on consumer protection and the revised UNGCP and invited "the General ...
The gold standard for consumer protection, at least according to consumer advocates, is a rule in Europe called EC 261. It requires airlines to assist passengers and compensate them when they're ...