Susanne Posel ,Chief Editor Occupy Corporatism | Co-Founder, Legacy Bio-Naturals October 7, 2015 The Consumer Financial Protection Bureau (CFPB) is considering banning banks and other financial institutions from forcing arbitration instead of allowing customers to sue in order to deflect class-action lawsuits which have huge payouts. This arbitration clause effects tens of millions of banking customers annually by limiting their legal restitution rights when disputing their banking institution. According to Pew Research, 66% of checking account agreements have mandatory arbitration clauses, 98% have restrictions waving customer right to a jury trial, and 32% require customers to pay for arbitration...
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