Why the CFPB’s Anti-Arbitration Rule Hurts Consumers
July 25, 2017
The Consumer Financial Protection Bureau (CFPB)’s final rule regulating arbitration agreements for consumer financial products and services will harm consumers. Many of the CFPB’s key findings cited to support its rules are not consistent with its study on arbitration and do not justify the imposition of limitations on the use of pre-dispute arbitration agreements.