Financial services companies include banks, savings and loans firms, credit card companies and brokerage firms. They are governed by laws and are regulated by the government. These companies also have legal agreements with customers with regard to loans, credit cards and other financial products.
Here on LawServer you’ll find articles about financial services, relevant federal and state laws about financial services, and related legal Questions & Answers.
With a Democrat majority in both the House and the Senate, President Obama has been able to pass a trio of massive legislation - the stimulus, healthcare reform and financial reform. These are massive laws not only in terms of their impact on the country and its economy but also in sheer number of pages. In this and future articles we will look at the 2,300 page Dodd-Frank Wall Street Reform and Consumer Protection Act, which we will simply call "the Financial Reform Act." Today we will get an overview and in future articles will get a closer look at certain parts of this law, particularly those directly affecting consumers. Read more
