1. The Financial Services Industry
... and services, aimed to enhance consumer protection by adding to financial safety and market integrity. It also aimed to help customers better understand increasingly more complex financial products. The Financial Services Reform Act (FSRA) was passed in 2001 and commenced in 2002. It is Federal legislation introduced to bring various financial services and products under one licensing regime ... presented in a clear and easy to-understand format, lenders not to increase credit card limits to customers who they know would find it difficult to manage a higher limit, the stopping of exploit...
- Word Count: 1272
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate