Financial Consumer Protection Of Financial Innovation

With the rapid development of global financial markets, the growth of China’s financial markets are becoming increasingly faster, caused by all types of financial disputes are also increasing. These cases involve the issue of the financial consumer protection. However, the rapid development of financial products in recent decades, as well asrelecant laws and regulations lag intriduced, especially the2007global financial sunami, financial assets has shrunk dramatically, the assets of many small andmedium investors suffered devastating losses. How to see, to understand a wide variety of financial derivative products, and strong financial institutions and weak financial consumers to establish an equal exchange of information and communication channels? The improvement of legislation to protect the legitimate rights and interests of financial consumers? Starting from the financial enviromrnt of financial innovation, financial consumers’right to fair trading rights and privacy of the three dimensions, depth of the core issue of the protection of financial interests of consumers. This article that the main problem lies in the financial interests of consumers in the financial innovation to protect the existence of the financial preduct disclosure is not complete, both the financial transaction unequal status of the financial consumer privacy in formation protection is imperfect. Therefore, to improve the financial insitution’s obligation to inform the specfication of the use of standard terms to protect the financial consumer information and personal safety, and mechanisms of negotiation, mediation means, the improvement of judicial relief to achieve the purpose of protecting the financial intesests of consumers.