Tuesday, June 28, 2011

Federal Government Gets Behind Financial Literacy

In what seems to be a positive step, the Government Accountability Office today produced a study mandated by Dodd-Frank about how to increase consumer financial knowledge. The study suggests increased financial literacy courses - - but cautions that some sort of standard or certification is needed to create a baseline of knowledge.

It sounds great. But as the saying goes, the devil is in the details.

Read more from InvestmentNews.