The CFPB and the Consumer Finance Industry:

July 28, 2016 2:15pm

Eric J. Mogilnicki

Covington & Burling LLP

David R. Dugas

McGlinchey Stafford PLLC

Rachel Rodman

Arnold & Porter LLP Former Enforcement Attorney at the CFPB

Ori Lev

Mayer Brown LLP Former Deputy Enforcement Director at the CFPB

Hunter Wiggins

Jones Day Former Principal Deputy Enforcement Director at the CFPB

Scott M. Pearson

Ballard Spahr LLP

  • Lessons learned from recent CFPB enforcement actions and emerging enforcement and investigation trends
  • Takeaways from recent CFPB enforcement actions relating to cybersecurity and data privacy
  • Assessing the CFPB’s enhanced scrutiny of nonbank ‘larger participants’
  • Assessing the CFPB’s priorities and initiatives
  • Project Catalyst and its potential impact on innovation in financial services
  • Assessing the CFPB’s position on arbitration and what it means for the industry
  • Preparing for and responding to CFPB investigations and examinations
  • Responding to CIDs (Civil Investigative Demands)
  • Trends in the CFPB’s use of UDAAP claims as a broad enforcement tool and lessons learned from recent enforcement actions
  • Assessing the definition of ‘abusive’ practices
  • Addressing potential UDAAP concerns
  • UDAAP and the payday lending industry
  • Recent cases dealing with UDAAP
  • Assessing coordination efforts between the CFPB and other federal and state agencies, including state AGs
  • Rulemaking updates
  • Impact of the CFPB’s consumer complaints database on consumer finance litigation
  • The CFPB and lender-placed insurance
  • Attorney-client privilege and the CFPB