Introduction to the 2004 Annual Survey of Consumer Financial Services Law: Where Do We Go From Here?

摘要

As always, this year's Annual Survey reports on significant developments in the law of consumer financial services. It also reflects dramatically increased tension between state and federal regulators over their respective roles in regulating consumer financial services, and concern about privacy and security of consumers' personal information, evidenced by the passage of major federal legislation in the area that preempts state laws. This Introduction briefly explores the impact that disparate state and federal regulation of consumer financial services has on how and by whom these services are offered, and suggests that a more rational and coherent approach to such regulation is necessary.