Better Information Sharing Among Financial Services Regulators Could Improve Protections for Consumers
Description:
Correspondence issued by the General Accounting Office with an abstract that begins "GAO has long held the position that financial regulators can benefit from improved information sharing. As regulators are faced with the challenges of overseeing a myriad of financial products, along with the individuals and organizations that develop and sell them, information sharing among regulators serves as a key defense against fraud and market abuses. However, our system of financial regulation is fragme…
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Date:
June 29, 2004
Creator:
United States. General Accounting Office.
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Partner:
UNT Libraries Government Documents Department