Financial Reform is Now Lawby Tim Manni
President Obama signed the sweeping financial reform bill into law just moments ago. Overall, the legislation is designed to prevent another financial meltdown. The bill puts a strong emphasis on consumer protection as well as a more strict regulation on Wall Street.
While some are of the opinion that the financial reform didn’t go far enough in terms of preventing another financial crisis, others, like personal finance expert Beth Kobliner, praise the legislation’s protection of consumers.
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