Despite its recent passage by the CFPB, it looks like the rule banning mandatory arbitration in financial contracts is facing yet another obstacle — this one from the banks’ main regulator, the Comptroller of the Currency. On Monday, acting Comptroller Keith Noreika asked CFPB Director Richard...
November 28, 2017
Joseph Otting was sworn in as U.S. comptroller of the currency on Monday to serve as the leading regulator of national banks. According to news from Reuters, Otting, a former banking executive and associate of U.S. Treasury Secretary Steven Mnuchin, will oversee big banks, such as Bank of America, JPMorgan Chase & Co. and Wells […]
July 18, 2017
Despite its recent passage by the CFPB, it looks like the rule banning mandatory arbitration in financial contracts is facing yet another obstacle — this one from the banks’ main...
