Comment Letter on CFPB Forced Arbitration Rule
This comment letter was submitted to CFPB on August 18, 2016. It expresses Woodstock’s support for the Bureau’s proposed forced arbitration rule, which would provide for the arbitration of disputes between consumers and providers of certain consumer financial products and services, prohibiting class action waivers and would requiring regulated parties that use pre-dispute arbitration agreements to submit certain records relating to arbitral proceedings to the CFPB. CFPB’s forced arbitration rule comment period ended August 22, 2016.
