The Consumer Financial Protection Bureau announced that it will hold a meeting of the Consumer Advisory Board with Director Richard Cordray discussing topics such as arbitration, trends, and themes in the marketplace, and reaching limited English-speaking consumers.
The meeting will take place on Thursday, October 22, from 10:00 a.m. until 3:30 p.m. EDT in the Second Floor Auditorium at the CFPB’s office in Washington, D.C.
According to the meeting agenda, Will Wade-Gery, Assistant Director of Card & Payments Markets, and Eric Goldberg, Senior Counsel with Regulations, will be speaking about arbitration from 10:15 until 11:45. As we discussed last week, the CFPB’s potential rulemaking on arbitrations agreements would prohibit many financial services companies from requiring consumers to waive their right to bring a class action lawsuit via a pre-dispute arbitration agreement and instead pursue claims in arbitration.
This event is open to the public, but RSVP is required to attend. You can RSVP by sending an email to email@example.com.
The CFPB’s announcement states that a recording of the event will be available after the event, indicating the meeting will not be streamed live.