Research On The Protection Of Internet Financial Consumers' Rights And Interests In The United States

The internet finance is an integration and innovation of financial industry and internet technology in the new era.As the cradle of the Internet and Internet financial,the United States has started its own journey for the internet financial when many countries have not yet started the practices and researches of the internet and related fields.Depending on the sound legal system,the multi-level regulatory system and the sound credit system in the United States,the over two-decade development level of internet finance has been in harmony with the protection level of consumer rights and interests of Internet finance.Therefore,there is no such phenomenon in the United States that the protection of consumers' rights and interests of internet finance in China lags behind the development of Internet finance.This paper focuses on the following valuable experiences for reference,firstly,protecting the Consumers' Right to Know of the internet finance in the United States,in order to strengthen the practical effects of the "information disclosure" model,it mainly adopts the credit registration system of financial institutions to stimulate the Internet financial institutions initiatively disclosing information,at the same time,the Bureau of Consumer Protection in the United States also intensifies the popularization of financial knowledge and improves the ability of the Internet financial consumers to identify trading information.Secondly,as for the protection of the privacy right of internet financial consumers,the United States did pay too much attention to the collection process,but shifts the key of protection to all the links after the collection process.Thirdly,the United States strengthens the protection of the property security of internet financial consumers from pre-prevention and post-relief,the representative is online arbitration system and third-party custody system of internet financial borrowing P2 P platform.Finally,this paper points out that the existing problems in "information disclosure" system,the understanding of the privacy protection and fund depository system in China,and puts forward some specific ideas and suggestions.I suggested that we must adhere to the development concept of "financial consumeroriented" in the process of continuous maturity of China's internet finance,and strengthen the protection of the consumer rights and interests of internet finance.By learning the conducive experience from the protection of internet financial consumers' rights and interests in the United States,at the same time,based on the actual situation in China as the most basic premise,dialectically absorbing and taking the essence and discarding the dregs.At the same time,such problems as the excessive involvement of American public power in the field of internet financial consumer privacy,the author believes that we should not blindly criticize them,and should seriously reflect and summarize,see if we can find out how to avoid the mistakes in similar financial consumer privacy protection in the future from the existing problems in the United States.Generally speaking,drawing lessons from the beneficial experience of the internet financial consumer rights and interests protection in the United States and reflecting on its deficiencies and it is of great significance for the protection of the rights and interests of Chinese Internet financial consumers to be institutionalized and systematized.