Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

News headlines complicate looming arbitration vote

Joe Mont | September 27, 2017

The latest complication for critics of the Consumer Financial Protection Bureau’s arbitration rule: Equifax.

A recently announced data breach that struck consumer credit firm Equifax exposed the personal data of 143 million Americans. In unrelated, ongoing news Wells Fargo was fined $100 million by federal regulators for opening illegal, unauthorized accounts. Troubles at both firms are the subject of hearings next week before the Senate Banking Committee.

These two high-profile cases are now part of efforts to kill the Consumer Financial Protection Bureau’s controversial arbitration rule.In July, the... To get the full story, subscribe now.