6.3 Learning Assessment by Allie Howard https://padlet.com/alliehoward675/69niaazpygrq Personal Finance en-us 2017-05-01 18:47:50 UTC 2025-11-24 13:51:07 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png What are government agencies? alliehoward675 https://padlet.com/alliehoward675/69niaazpygrq/wish/169261086 Government agencies such as consumer protection regulatory agencies ensure that individuals are treated fairly, protected, and have the opportunity to seek legal action if these things do not happen. (Unit 6, Page 12)]]> 2017-05-01 18:49:14 UTC https://padlet.com/alliehoward675/69niaazpygrq/wish/169261086 Examples of CPRA's alliehoward675 https://padlet.com/alliehoward675/69niaazpygrq/wish/169262258 U.S. Securities and Exchange Commission (SEC) - “protects investors; maintains fair, orderly, and efficient markets; and facilitates capital formation”
Financial Industry Reguatory Authority (FINRA) - protects investors by regulating U.S. securities firms
Commodity Futures Trading Commission (CFTC) - “fosters open, transparent, competitive, and financially sound markets, to avoid systemic risk, and to protect the market users and their funds, consumers, and the public from fraud, manipulation, and abusive practices" 
Federal Deposit Insurance Corporation (FDIC) - insures people's deposits into banks (up to $250,000)
National Credit Union Association (NCUA) - regulates, charters, and supervises federal credit unions
Consumer Financial Protection Bureau (CFPB) - protects consumers from deceptive financial products 

(Unit 6, Page 13)

]]> 2017-05-01 18:53:52 UTC https://padlet.com/alliehoward675/69niaazpygrq/wish/169262258 Imagine... alliehoward675 https://padlet.com/alliehoward675/69niaazpygrq/wish/169265755 ...if I were to lose all of the money in my bank account due to a cyber terrorist or hacker. This person hacked into Huntington's system and removed thousands of dollars from the accounts of hundreds of consumers. Since there was only $2,000 in my account, that money is insured by the FDIC. Because of the Consumer Protection Act of 2011 (Unit 6, Page 13) among others, I will still be entitled to all of the money that was taken from my account.]]> 2017-05-01 19:08:35 UTC https://padlet.com/alliehoward675/69niaazpygrq/wish/169265755