Comments on: The social Web as financial regulatory framework http://lebleu.org/blog/2008/11/29/the-social-web-as-financial-regulatory-framework/ Thoughts on the future of money Wed, 04 Sep 2013 05:52:33 +0000 hourly 1 https://wordpress.org/?v=4.1.42 By: Colin Henderson http://lebleu.org/blog/2008/11/29/the-social-web-as-financial-regulatory-framework/comment-page-1/#comment-1028 Sun, 30 Nov 2008 12:28:51 +0000 http://lebleu.org/blog/2008/11/29/the-social-web-as-financial-regulatory-framework/#comment-1028 you do raise an interesting point here. Something I have learned, at much cost, is that the regulators do not offer protection to consumers. What they do is institute approvals of processes. By that I mean they will agree that Company A has the appropriate processes in place to satisfy them that consumers will be adequately protected.

There might be an opportunity to incorporate p2p as part of the process to satisfy regulators that consumers can be better protected if p2p is part of the process.

]]> By: Colin Henderson http://lebleu.org/blog/2008/11/29/the-social-web-as-financial-regulatory-framework/comment-page-1/#comment-893 Sun, 30 Nov 2008 04:28:51 +0000 http://lebleu.org/blog/2008/11/29/the-social-web-as-financial-regulatory-framework/#comment-893 you do raise an interesting point here. Something I have learned, at much cost, is that the regulators do not offer protection to consumers. What they do is institute approvals of processes. By that I mean they will agree that Company A has the appropriate processes in place to satisfy them that consumers will be adequately protected.

There might be an opportunity to incorporate p2p as part of the process to satisfy regulators that consumers can be better protected if p2p is part of the process.

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