Date: May 2, 2016
Issue: Arbitration
To: Consumer Financial Protection Bureau
Filing Type: Regulatory
Description: The field hearing presents a chance for the public to hear important pieces of information about the Bureau’s views on arbitration, particularly because those views will inform the Bureau’s consideration of its proposed arbitration rule. Notwithstanding the Bureau’s 2015 arbitration study and prior field hearings, however, stakeholders still do not have the critical information they need in order to offer constructive suggestions on the arbitration rule during the comment period.