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Saturday, March 7, 2015

New Regulations on Consumer Arbitration Agreements

The Consumer Financial Protection Bureau is expected to announce new policies on consumer arbitration this Tuesday March 11.

The Washington Post writes "The CFPB’s report, ordered under the Dodd-Frank Wall Street Reform and Consumer Protection Act, is widely expected to lead to new rules limiting how companies can use mandatory arbitration clauses, consumer advocates say. The timing of the release of the report was confirmed by people familiar with the matter who spoke on condition of anonymity because the research has not yet been made public."

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