Tag Archives: cnosumer protection

CFPB Proposes Rules Concerning Mandatory Arbitration For Certain Consumer Financial Products

July 18, 2016  |   Posted by :   |   Class Action, Consumer Protection   |   0 Comments

The Consumer Financial Protection Bureau (CFPB) is an independent agency of the U.S. government tasked with looking out for the rights of consumers in the financial sector. In light of the CFPB’s responsibility to consumers, the CFPB has proposed new rules intended to prohibit the use of mandatory arbitration clauses that preclude class action lawsuits […]

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