Created by the Dodd-Frank financial reform law, CFPB’s Office of Financial Education is just getting off the ground.
The results of a two-year SEC study on investors is in: Americans fail at financial literacy, but the SEC has suggestions for communicating with us.
Across the country, many children are not learning basic financial literacy skills.
A survey uses questionable methodology to try to prove consumers need more financial literacy education.
In mid-January, the SEC requested comments from the public on financial literacy and investor disclosure issues. The Dodd-Frank Act mandated that the SEC conduct this study to identify investors’ levels of financial literacy and come up with ways of improving disclosure materials pertaining to investment products, services and providers. They also must identify the most