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CFPB Issues Game-Changing Rule On Arbitration Clauses

By Susan Rodriguez on July 11, 2017
Posted in Financial Institution Regulation

On Monday, July 10, 2017, the Consumer Financial Protection Bureau (CFPB) issued a game-changing final rule regarding the use of arbitration clauses in consumer contracts.  The Rule is effective 60 days following its publication in the Federal Register and applies only to contracts entered into more than 180 days after that date.  The final rule…

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