The Consumer Financial Protection Bureau (CFPB) announced a new rule to ban financial companies from using mandatory arbitration clauses. The CFPB said these rules have denied people their day in court. Many consumer financial products like credit cards and bank accounts have arbitration clauses in… Read More
The Consumer Financial Protection Bureau (CFPB)recently proposed banning arbitration regarding certain consumer financial agreements and to allow the legal process to take hold in the case of a dispute. The CFPB posted the proposal this past May, outlined as follows: First, the proposed rule would… Read More
Anticipating the forthcoming vote and final rules on Title III, retail crowdfunding, later today by the SEC, John Berlau from the Competitive Enterprise Institute believes the Commission will provide much needed regulatory relief; Today’s equity crowdfunding rules from the Securities and Exchange Commission implementing Title… Read More
CEI Report on Crowdfunding Tells Congress & Regulators to End ‘Millionaires Only’ Rules for Investment During Global Entrepreneurship Week, the Competitive Enterprise Institute (CEI) released a new report on how regulation threatens entrepreneurs and their abilities to start businesses, create jobs, and bring new products… Read More
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