In the latest regulatory claim about what finance companies might be doing wrong, the Consumer Financial Protection Bureau said this week that arbitration agreements restrict consumers’ relief for ...

The Congressional summer recess might just be rampimg up in earnest this week, but 38 Senate members and another 65 House lawmakers delivered a letter to Consumer Financial Protection Bureau director ...

We are very pleased to report that the CFPB has denied a Petition for Rulemaking filed by a group of consumer advocate organizations that would prohibit the use of pre-dispute arbitration clauses in ...

On Monday, acting Comptroller Keith Noreika asked CFPB Director Richard Cordray to halt the rule until he can verify the data behind it and make sure banks are not put at risk by the rule. There has ...

CFPB Flooded With Thousands of Comments Over Arbitration Rule The Consumer Financial Protection Bureau's proposed ban on class action waivers has generated thousands of comments, many from consumers ...

The Consumer Financial Protection Bureau (CFPB) has announced that it is seeking comments on proposed rules to prohibit mandatory arbitration clauses that the regulator claims would “deny groups of ...

In their Arbitration column, Samuel Estreicher and Kristina Yost write: Despite protests from the consumer financial industry, the Consumer Financial Protection Bureau appears to be prepared to move ...

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Earlier this month, the CFPB issued a report titled Strengthening State-Level Consumer Protection. The report argues, among other things, that states should “[r]evitalize private enforcement” by ...