ABI Executive Director Samuel J. Gerdano speaks with Prof. Jason Johnston of the University of Virginia School of Law about the ramifications of the CFPB aggressively regulating mandatory arbitration clauses in consumer agreements. The CFPB provided a report to Congress in March signaling its intentions on regulating mandatory arbitration agreements. Johnston co-authored of a critique from the Mercatus Center at George Mason University of the CFPB’s report using the CFPB's findings to show that mandatory arbitration clauses are fair and successful in resolving consumer disputes.
Scholar Critiques CFPB Proposal to Regulate Mandatory Arbitration Clauses - Episode 166
Tuesday, September 8, 2015