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Earl Gregg Swem Library

CFPB Issues Rule to Ban Companies From Using Arbitration Clauses to Deny Groups of People Their Day in Court

Categories: Consumer Info/Protection,Financial Crisis/Markets,Laws/Regulations

Press release announcing details of a regulation that would block the use by credit card companies and others of arbitration clauses that prevent consumers from joining in class-action lawsuits.  Includes links to further explanation and the text of the rule.  From the Consumer Financial Protection Bureau