Letter: NACA and Partners Stress the Need to Rein in Forced Arbitration to Combat Excessive Overdraft Fees

Eight Public Interest organizations, including NACA, submitted a comment to the Consumer Financial Protection Bureau in support of its proposed rule on overdraft fees, emphasizing that the rule could only…

Report: Identifying the Most Harmful Consumer Contract Terms

NACA released a report identifying and outlining common consumer contract terms that cause the most harm to consumers, including forced arbitration clauses, class action bans, jury trial waivers, shortened statute…

Superb Rule on Credit Card Late Fees Expected to Save Consumers $10 Billion Annually

March 5, 2024 For Immediate Release: Superb Rule on Credit Card Late Fees Expected to Save Consumers $10 Billion Annually WASHINGTON, D.C. – The Consumer Financial Protection Bureau today issued…

NACA and Partners Urge FTC to Include Auto Dealers in its Junk Fee Rule

NACA joined a comment to the Federal Trade Commission urging the agency to reconsider its decision to exempt auto dealers from the scope of its proposed rule on junk fees.…

NACA Joins Comments to FTC on Proposed Junk Fee Rule

NACA joined a coalition of 52 state and federal consumer advocacy groups to submit comments to the Federal Trade Commission to support and suggest improvements to its proposed rule to…

Investor Groups Renew Push to Rein in Mandatory Arbitration at RIAs

AdvisorHub, Investor Groups Renew Push to Rein in Mandatory Arbitration at RIAs “As a group, the advocates want either the SEC or Congress to act, issuing regulatory or legislative reforms…

NACA in the News: Investor advocates call on SEC to end RIAs’ use of mandatory arbitration

Investment News, Investor advocates call on SEC to end RIAs’ use of mandatory arbitration “Arbitration proponents assert that it is faster and less costly than the court system, which benefits…

NACA Joins Letter Urging Vote on TICKET Act

NACA joined other members of the Ticket Buyer Bill of Rights Coalition on a letter to the U.S. House requesting a full floor vote of the TICKET Act, H.R. 3950.

NEW INVESTOR ADVOCACY COALITION CALLS ON SEC, CONGRESS TO FIX RIA FORCED ARBITRATION PROBLEMS

Formation of Investor Advocacy Coalition Follows Increasing Complaints from Wronged Investors, Scathing SEC OIA Report That Found RIAs in ‘Violation of the Fiduciary Duty’; Groups Calling for Reforms to Industry-Favored…