Nonprofit governance is frequently confused as just a tax matter; at its core, though, it is a consumer protection measure, muting the profit motive to protect users from the predatory instincts of owners.
The 1988 measure, introduced by Representative John D. Dingell, Democrat of Michigan, was widely seen as a consumer protection measure.
The 1988 law, drafted by Representative John D. Dingell, Democrat of Michigan, was widely seen as a consumer protection measure.
The law, adopted in 1988 as a consumer protection measure, sought to choke off a "gray market" for drugs that were counterfeit, adulterated or too old to be used safely.
Representative Barney Frank, the Massachusetts Democrat who is chairman of the Financial Services Committee, said the bill could be the first major consumer protection measure to emerge from the current Congress, with economic anxiety trumping opposition from powerful industry lobbying groups.
The Department of Education, on the other hand, has said the regulations are designed as both a consumer protection measure for students and a student aid accountability test for the federal government.
The government is to ask the regulator the Financial Conduct Authority (FCA) to introduce guidance and consumer protection measures to ensure pensioners are fully informed of the changes and are protected from any mis-selling, he said.
C3 Protection During Deregulation Analysts expect advocates of utility deregulation to pay more attention to consumer protection measures for the next couple of years.
