5  See Andrew T. Hill, Bonnie T. Meszaros, and Brian Tyson (2011), “Evidence of Student Achievement in a High School Personal Finance Course,” paper presented at the Allied Social Science Associations conference, held in Denver, Colo., Jan. 6–9.
BIS central bankers’ speeches  3  Consumer protection regulation and enforcement Although financial education is a critical first line of defense, it is not a substitute for strong and effective regulations that safeguard consumers against abusive and fraudulent practices.