Britany Riley
// 8/27/17 //
Topic Update
“Nobody should escape accountability for breaking the law”—the CFPB’s arbitration rule restores consumers’ legal right to have their day in court, argues CFPB Director Richard Cordray in The New York Times.
- The CFPB’s March 2015 study of consumer arbitration, which Director Cordray cites as proof that consumers fare better in class litigation, actually supports the opposite conclusion, argue Alan Kaplinsky and Mark Levin at Consumer FInance Monitor.