CFA Applauds California Senate Bill to Prohibit Use of Forced Arbitration in Cases of Fraud and Identity Theft
CFA supports California State Senator Bill Dodd's legislation to prohibit financial institutions from using forced arbitration provisions to prevent consumers from taking legal action against them for fraud and identity theft. CFA believes that consumers’ ability to go to court when they have been wronged is an important tool for obtaining appropriate redress and deterring harmful business behavior.
