- within Criminal Law topic(s)
The CFPB launched an inquiry into how it should study arbitration clauses and agreements between financial service companies and consumers. Section 1028(a) of the Dodd Frank Act requires the CFPB to conduct a study of arbitration agreements and clauses and provide a report to Congress. For purposes of conducting the study, the CFPB issued a public request for information, seeking comment in three areas: (1) prevalence of use of arbitration clauses and agreements; (2) use and impact in arbitration proceedings; and (3) impact and use of outside arbitration proceedings. Comments are due June 23, 2012. Click here for the related press release and here for the information request.
Goodwin Procter LLP is one of the nation's leading law firms, with a team of 700 attorneys and offices in Boston, Los Angeles, New York, San Diego, San Francisco and Washington, D.C. The firm combines in-depth legal knowledge with practical business experience to deliver innovative solutions to complex legal problems. We provide litigation, corporate law and real estate services to clients ranging from start-up companies to Fortune 500 multinationals, with a focus on matters involving private equity, technology companies, real estate capital markets, financial services, intellectual property and products liability.
This article, which may be considered advertising under the ethical rules of certain jurisdictions, is provided with the understanding that it does not constitute the rendering of legal advice or other professional advice by Goodwin Procter LLP or its attorneys. © 2012 Goodwin Procter LLP. All rights reserved.
