F. Hodge O'Neal Corporate and Securities Law Symposium

The Consumerization of Financial Regulation

Helen A. Garten

Part I shows how consumer protection is becoming the leading rationale for financial regulation. Part II argues that the consumerization of financial regulation may distort analysis of the costs and benefits of regulation, leading to the inefficient production of regulation. Part III assesses the effect of the consumerization of regulation on the regulators themselves.