PIABA Urges SEC To Weigh CFPB Study Faulting Mandatory Arbitration Agreements

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nbc4i.com (March 10, 2015)  -- As the Securities and Exchange Commission (SEC) is in its fifth year of studying the controversial mandatory arbitration process for investors, the agency must consider the findings of the Consumer Financial Protection Bureau (CFPB) in a new study showing that most consumers don't understand mandatory arbitration clauses and that many would do better if they had the option of going to court.