Poll: New Financial Regs Won't Help

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With Congress having passing legislation to more tightly regulate the financial sector, bankers and Wall Streeters may feel queasy. But will consumers feel more secure about how their money is being handled? Alas, no, to judge by the findings of a Bloomberg National Poll conducted in the days leading up to the measure’s passage yesterday by the Senate.

Though the legislation (expected to be signed into law next week by the president) is heralded as the most important tightening of financial regulation since the New Deal, respondents to the poll don’t see it as a big deal — at least not for themselves.

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