Michael Agoglia will be speaking on the panel “Understanding the Role of the CFPB and the Death of Forced Arbitration” at the 30th National Forum on Consumer Finance Class Actions and Government, sponsored by the American Conference Institute.
The panel will discuss:
- Appraising the rollback of the rule that bans banks, credit issuers, and other financial institutions from using forced arbitration clauses in account contracts.
- Reviewing the new rule that restricts a lender’s ability to profit from high-interest, short-term loans.
- Comparing the outcomes of cases resolved by arbitrators v. lawsuits seeking class-action status.
- Predicting the regulatory efforts under Mulvaney and Trump and the potential impact on the consumer financial services industry.