Why You Should Attend
On July 16, 2013, the Senate confirmed Richard Cordray for a five-year term as the Director of the Consumer Financial Protection Bureau (CFPB). The CFPB has been involved in a whirlwind of regulatory, supervisory and enforcement activities since it began operations during 2011 and this level of activity is certain to intensify. In addition to the CFPB, state attorneys general and other federal regulators are pursuing initiatives focused on consumer financial services. These regulatory efforts are taking place against the backdrop of an already-active litigation landscape focused on financial services companies. This year’s Institute will explore in detail these important developments in consumer financial services regulation and litigation.
What You Will Learn
- Explore the ways in which the Dodd-Frank Act and the CFPB’s activities will affect your practice
- Study the latest regulatory and enforcement initiatives of federal and state regulators, including the CFPB, FTC, DOJ, OCC, FDIC, and state attorneys general
- Identify the regulatory and litigation priorities of consumer advocates in the coming year
- Understand the continuing implications of the U.S. Supreme Court ruling in AT&T Mobility v. Concepcion and American Express v. Italian Colors for consumer arbitration agreements and the potential impact of the CFPB’s arbitration study
- Get updates on the latest class actions and state attorneys general lawsuits against financial services companies
- Survey class certification and class action settlement developments
Who Should Attend
Bankers, lenders and lessors involved with consumer financial services and the lawyers who defend or sue them; lawyers who counsel financial institutions, loan servicers, loan brokers, debt collectors and credit bureaus on litigation and compliance issues; lawyers who represent and advocate for consumers; and government lawyers and law professors who specialize in consumer law will benefit from attending this program.