(Total Views: 252)
Posted On: 07/10/2017 4:31:39 PM
Post# of 72446
Wow, new rule says we don't have to accept arbitration any more when we are screwed by our brokers. This is big. NY Times, looks like the link isn't getting carried over here to the board.
Quote:
U.S. Agency Moves to Allow Class-Action Lawsuits Against Financial Firms
By JESSICA SILVER-GREENBERG AND MICHAEL CORKERY
The Consumer Financial Protection Bureau is adopting a rule that would block banks and credit card companies from forcing customers into arbitration.
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