Guardians Align to Protect Privacy

Summary


It would be understandable if American consumers are feeling vulnerable, given the consumer-protection news headlines in recent years: Recalls of millions of baby cribs and Toyotas. Food-borne contamination outbreaks in eggs, peanut butter and spinach, among other food categories. Then there are concerns over the tracking of our every move on the Internet.

It's no surprise, then, that consumer protection -- keeping people, and especially children, safe -- will be a hot topic in 2011.

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Extract


Guardians Align to Protect Privacy

The new Bureau of Consumer Financial Protection, for example, will address such financial topics as credit cards and mortgages.

For industry, many of the changes mean more regulation and potentially more hassle and expense to comply with new rules.

Here are three of the most important consumer-protection developments:

Dangerous products

By March, a dangerous-products database will b...

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