In the summer of 2010, President Barack Obama signed into law the “Dodd-Frank Act” (P.L. 111-203). Three sections of that act should be particularly important to those who provide or employ dispute resolution services.
Section 921 grants the Securities and Exchange Commission the authority to limit or prohibit the use of pre-dispute arbitration agreements for securities disputes. Section 1028 requires the Consumer Financial Protection Bureau (CFPB) to conduct a study regarding pre-dispute...
