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United States: A Look At The New Qualified Financial Contracts Rule - Arnold & Porter Kaye Scholer LLP

Mondaq Tuesday, 17 October 2017
New regulations approved by the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corp. will fundamentally change the playing field for end users or buy-side counterparties
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Source: Wochit News - < > Embed
News video: Legislation Enabling Consumers To Sue Banks Shot Down

Legislation Enabling Consumers To Sue Banks Shot Down 00:51

On Tuesday the Senate passed a bill to kill a Consumer Financial Protection Bureau regulation which would have prevented institutions from including forced arbitration language in contracts for credit cards and car loans, and other such items. The law would have made it easier for consumers to file...

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