SCOTUS Decision Sets Promising Path for CFPB’s Future

May 16, 2024  For Immediate Release: SCOTUS Decision Sets Promising Path for CFPB’s Future  WASHINGTON, D.C.  – Today, the U.S. Supreme Court in CFPB v. CFSA held that the Consumer…

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Opinion in Dwyer v. Ameriprise Financial, Inc.

The Pennsylvania Supreme Court issued a ruling in Dwyer v. Ameriprise Financial, Inc. finding that an award of treble damages under the state Unfair, Deceptive, or Abusive Acts or Practices…

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Labor Department’s Final Retirement Security Rules Will Help Protect the Savings of All Americans From Adviser Conflicts of Interest

FOR IMMEDIATE RELEASE April 23, 2024 LABOR DEPARTMENT’S FINAL RETIREMENT SECURITY RULES WILL HELP PROTECT THE SAVINGS OF ALL AMERICANS FROM ADVISER CONFLICTS OF INTEREST April 23, 2024, Washington, D.C.…

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The Worst of the Fine Print Traps in Everyday Terms and Conditions  

April 2, 2024  For Immediate Release: The Worst of the Fine Print Traps in Everyday Terms and Conditions   WASHINGTON, D.C. – The National Association of Consumer Advocates (NACA) released a…

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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…

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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…

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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…

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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…

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CFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking Fees

January 17, 2024 For Immediate Release: CFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking Fees WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau proposed a rule that…

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