Financial Reform Bill: What African Americans, Military Families & Minorities Need to Know Now
Filed under: News , Lynnette Khalfani-Cox The sweeping financial reform bill that President Barack Obama just signed into law will affect all American consumers for decades to come. But the new legislation is poised to have a particularly significant effect on African Americans and other ethnic minorities. Specifically, four areas of financial reform bear watching for minorities: 1. Regulation ...
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Financial reform law includes big cash incentives for whistle-blowers
A little-known provision in the huge package extends to the private sector a concept long applied to government contracts. The new financial reform law has what some lawyers call a secret weapon against fraud on Wall Street and in corporate America: the promise of a million-dollar jackpot to insiders who reveal an illegal scheme to the government.
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