CFPB Proposes Registry for Arbitration Clause and Class Action  Waiver Use
on

By George H. Friedman, SAA Publisher & Editor-in-Chief

The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) has proposed a new rule seeking information from nonbanks on among other things arbitration and class action waivers.

...Read More

FINRA Board Met Last Month. Arbitrator Selection Rule Changes Approved
on

By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA’s Board met in mid-December and among other matters approved changes to the arbitrator listing process.

...Read More

Consumer Coalition to CFPB Director Chopra: Do Something About Mandatory Arbitration
on

By George H. Friedman, SAA Publisher & Editor-in-Chief

A coalition of over a hundred consumer advocacy groups has written to CFPB Director Chopra,

...Read More

Institutional Comments, Mostly Supportive But with All Suggesting Further Modifications, on FINRA’s Proposed Expungement Changes. Individual Industry Commenters Uniformly Oppose the Rule
on

By George H. Friedman, SAA Publisher & Editor-in-Chief

The comment period closed earlier this month on FINRA’s proposed changes to the expungement process.

...Read More

More on Amended AAA Commercial Rules
on

By George H. Friedman, SAA Publisher & Editor-in-Chief

Just as we were putting SAA 2022-33 (Sep. 1) to bed came word that the AAA had revised its Commercial Arbitration Rules and Mediation Procedures,

...Read More

FINRA Files with SEC Board-Approved Changes to Expungement Rules
on

By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA staff this week followed up on recent Board approval to file a new expungement rule.

...Read More