Alternative Dispute Resolution (ADR) Certification

What is the 'CFPB arbitration rule' context in U.S. consumer ADR?

A permanent federal rule requiring arbitration for all consumer financial disputes A 2017 CFPB rule that would have restricted class-action waivers in financial contracts, which Congress later overturned A Supreme Court ruling expanding arbitration for consumer loans A state rule limiting arbitration fees in consumer cases

Correct Answer:

A 2017 CFPB rule that would have restricted class-action waivers in financial contracts, which Congress later overturned

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