Bernanke on Financial Innovation

Regulation should not prevent innovation, rather it should ensure that innovations are sufficiently transparent and understandable to allow consumer choice to drive good market outcomes. We should be wary of complexity whose principal effect is to make the product or service more difficult to understand by its intended audience.

Chairman Ben Bernanke: Financial Innovation and Consumer Protection

Posted by jck on April 17th, 2009 at 7:42 pm    1 Comment

One Response to “ Bernanke on Financial Innovation ”

  • # 1 JC Says:

    Is he talking about the PPIP or what?

  • Leave a Reply

    Sum of 14 + 12 ?
    Please leave these two fields as-is:





    contact

    jck [at]

    aleablog [dot] com


    © 2010 Alea | Powered by Wordpress