Expanding regulatory oversight of the design, pricing, marketing, sale, and distribution of consumer financial products will have significant implications for financial institutions' business strategies, product design, sales practices, and operating models. Careful economic assessments of the likely effects of these emerging regulations can help firms in the financial industry develop sound business strategies and practices going forward.
NERA's economists have extensive experience with consumer protection issues in financial markets and with financial institution regulatory compliance. Our deep practical expertise cuts across the financial industry, including banking, insurance, credit cards, and mortgage origination and securitization. Many of NERA's economists have direct regulatory experience, having held key positions at government agencies including the Federal Reserve Board, the Commodity Futures Trading Commission, the Securities and Exchange Commission, the Federal Trade Commission, and the President's Council of Economic Advisers. Our experts also have extensive financial industry experience, advising financial institutions, and, in many cases, holding senior positions at some of the world’s leading financial companies.
In the area of consumer protection, NERA experts have experience with:
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Allegations of false advertising and deceptive practices.
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Market research and analysis of consumer reactions to various financial programs and proposed regulations.
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Economic analysis, both theoretical and empirical, of consumer protection regulations.
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Assessment of financial institution regulatory compliance systems and procedures.
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Monitoring and assessment of best practices and emerging practices.
