The financial meltdown of the past five years has led to calls for many things: tighter regulation, new taxes, big-bank breakups, and last weekend Bank Transfer Day. But what if institutions took it upon themselves to police themselves and make financial services a little (or a lot) friendlier for consumers? In the video below, CFSI’s Ellen Seidman argues for a voluntary structure that matches up well with what credit unions already do, and might keep further regulation at bay.
For more information on the Compass Principles, click here. CFSI (The Center for Financial Services Innovation) is interested in your candid feedback.
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