Watch these short videos for an introduction to financial and consumer regulations.
Financial Regulations https://youtu.be/3EtMibkWvXE
Consumer Regulations and Community Development https://youtu.be/YSJ7aRuhaoU
Research a recent business case or incident in which a financial or consumer breach/crime occurred; you might look on the Internet or daily news. You might even find a case on the television news! Please be sure to cite your source in APA format.
In your original post, answer the following:
Describe the financial or consumer breach/crime that occurred.
Confirm and explain the breach/crime that was committed.
What could the company have done to minimize their exposure to such a crime?
Confirm the outcome of the case.
If the case has not been decided, tell us what you think will happen and why.
What sort of punishment or compensation is there or should there be?