On Wednesday, President Obama signed into law the Wall Street Reform and Consumer Protection Act.
VOA: special.2010.07.23
The Kansas Supreme Court recently held that doctors can be sued under that state's consumerprotectionlaw, as a kind of end run around traditional malpractice suits.
Challenging him is Elizabeth Warren, a liberal Harvard professor known in Washington for designing a new consumerprotectionlaw and for the rage she provokes among conservatives.
It recently revised its narrow securities statute into a broad state consumerprotectionlaw that allows regulators to shut down boiler rooms without first trying to figure whether what they are selling is a security.