Lynne B. Barr & Thomas M. Hefferon, Goodwin Procter LLP; Joseph T. Lynyak, III, Venable LLP; Catherine G. West, assoc dir and chief operating officer, Consumer Financial Protection Bureau
The American Law Institute-American Bar Association is offering a live course examining the new Consumer Financial Protection Bureau: A New Regulatory World for Banks, Thrifts, Mortgage Lenders, Credit Card Companies, and Consumer Financial Service Companies. It will be held on Friday, January 20, at Thomson Hall, 195 Broadway in New York City.
The program begins at 9:00 a.m. and ends at 4:45 p.m.
Title X of the Dodd-Frank Act created the Consumer Financial Protection Bureau (CFPB), which, as of July 21, 2011, became the principal federal regulator of the consumer financial services industry. The statutory authority of the CFPB to regulate is extraordinarily broad and includes the authority to examine large financial depository institutions and non-depository consumer financial entities, to engage in rulemaking for virtually all of the federal consumer protection statutes, and to exercise broad new enforcement powers to protect the American consumer.
This intensive one-day course of study will examine the scope of powers and authority of the CFPB, its organizational activities to date, the structuring of its operating divisions, and its likely interaction with other federal and state agencies charged with regulating the consumer financial marketplace. The speakers are representatives of the CFPB, other government agencies, and private practitioners who will share their views of these and other emerging legal issues as the CFPB begins its operations.
Among the speakers are Lynne B. Barr and Thomas M. Hefferon, Goodwin Procter LLP; Leonard N. Chanin, assistant director of regulations, Consumer Financial Protection Bureau; Timothy J. Heine, senior vice president, American Express Co.; and Margaret Liu, senior vice president, Conference of State Bank Supervisors.
To download a brochure and to register for this seminar visit http://www.ali-aba.org or call (800) 253-6397.