Bloomberg Law’s Evan Weinberger has the story here (may be behind paywall), including a link to the petition. Weinberger later posted on what used to be called Twitter the CFPB’s response to his request for comment. The petition relies heavily on Roseanna Sommers’ study, which we discussed here.
Arbitration, Consumer Financial Protection Bureau
After consumer advocacy groups file petition with CFPB calling for new arbitration rule, CFPB says it will carefully consider the proposal, open a public docket and take comments from the public
