Bryan Dumesnil

Bryan Dumesnil

Bracewell LLP

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CFPB Rules Permitting Consumer Class Actions Against Financial Institutions Set to Take Effect Absent Action by Congress

In 2016, the Consumer Financial Protection Bureau (CFPB) announced that it was seeking public comment on proposed rules that would limit the effect of mandatory arbitration clauses for consumer finance transactions and allow...more

7/21/2017  /  Arbitration Agreements , Banking Sector , Class Action , Class Action Arbitration Waivers , Comptroller , Congressional Review Act , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Richard Cordray

New CFPB Rules Threaten More Consumer Class Actions Against Financial Institutions

Recently, the Consumer Financial Protection Bureau (CFPB) announced that it is seeking public comment on proposed rules that would significantly change two aspects of consumer finance dispute resolution. ...more

6/2/2016  /  Arbitration Agreements , Class Action Arbitration Waivers , Consumer Contracts , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Financial Institutions , Mandatory Arbitration Clauses , Public Comment
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