As the push to restrict the usage of mandatory arbitration continues for congressional Democrats, Sen. Elizabeth Warren (D-Mass.) and Rep. Katie Porter (D-Calif.) weighed in on an ongoing legal dispute involving alleged dealings between Wells Fargo and FINRA to manipulate arbitration between the bank and consumers.
Robert Cook, CEO of FINRA, provided a response to previous questions issued by the two members of Congress which they said raises “new concerns about the extent of wrongdoing” according to their joint statement.
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