Task: Protecting Bank Customers
As you know from reading through the Background Materials, there are a large number of regulations that govern our banking system. But as a banking customer, how safe do you really feel?
Read the information in the background material, look for more information, and then write a 2 to 3 pages paper answering the following questions:
What is the main purpose of bank regulation in the USA?
Has the government installed enough regulations to protect bank customers, or should it enact more regulations?
[Think also in terms of the banks themselves and don't forget the desire of foreign bands to land on the US shores.]