The Consumer Financial Protection Bureau recently announced a proposal to prohibit financial services companies from imposing mandatory arbitration clauses that bar consumer class actions. There is much discussion about the proposal among consumer advocates and the financial services industry.

Alan S. Kaplinsky, an attorney at Ballard Spahr, was on hand in Denver on October 7 for the field hearing.

Related Practices

Consumer Financial Services
Consumer Financial Protection Bureau
Bank Regulation and Supervision