MFY Staff Attorney Ali Naini’s Op-Ed in today’s New York Daily News exposes the dangers consumers face when credit services, banks and other financial institutions include in their products forced arbitration clauses that prohibit consumers from participating in class action lawsuits to address egregious behavior, such as the recent hacking of Equifax’s database of consumers’ personal information, and Wells Fargo’s creation of fake accounts for millions of Americans. Although the Consumer Financial Protection Bureau issued regulations in July preventing banks and other companies from requiring mandatory arbitration and class-action waivers in their agreements, the House of Representatives voted to kill the regulation, and the Senate is now set to take up the matter.