1. And it failed to adequately regulate the newly privatized businesses to protect customers and promote competition. 2. Backers of the measure say its failure puts the onus on banks to protect senior customers. 3. Bank customers are fully protected from theft, he says, as long as they are not found to have been negligent. 4. Based on experience in other states, the key to protecting Long Island customers is not whether Lilco is run by private or public managers. 5. BayBanks says this is a feature to protect customers from bouncing electronic checks. 6. Almost a year ago, it adopted guidelines for protecting customers from cramming and slamming. 7. But because more residential customers will be protected from rate increases, businesses could bear the brunt of increased future costs. 8. But it alone is not enough to protect customers. 9. But supporters argued that on-line brokerage firms were able to create mechanisms that protected their customers from fraud. 10. Consumer advocates immediately let loose with full-throated howls over the proposal that they say does not adequately protect bank customers who buy insurance. |