Legislators passed a law to regulate the selling of financial products and services, preventing consumers from losses from complicated deals that they do not fully understood. In other words, if consumers incur losses from financial transactions they do not fully understand, they will be entitled to compensate from the selling party. An arbitration committee whose rulings will be equivalent to court’s verdicts will be formed to arbitrate disputes arising from such deals. However, whether the committee could treat such issues efficiently and fairly hinges on the authority’s implementation of enforcement regulations.
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