CRL: CFPB Arbitration Rule Brings Transparency, Accountability to Enforce Consumer Protection in Court
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) released its final rule aimed to restrict forced arbitration and improve access to our judicial system for all consumers. Across the country, fine print agreements--from financial to employment contracts--too often include arbitration clauses to strip individuals from receiving their fair day in court. These agreements often ban class action lawsuits...