Financial Regulatory Forum

   By Kevin Drawbaugh and Caren Bohan
   WASHINGTON, Feb 22 (Reuters) – An Obama administration spokesman on Monday stressed the importance of “independent authority” for a proposed U.S. financial consumer watchdog and said where it was “housed” was another issue. (more…)

LONDON, Nov 16 (Reuters) – The British government will this week outline legislation allowing consumers to group together to claim damages from financial institutions that mislead customers over financial products, a government source said on Monday.

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