On April 4, the Georgetown Consumer Law Society and Citizen Works will be hosting a symposium at Georgetown Law Center titled “Making the Fine Print Fair.” Two CFPB representatives have been invited to speak: Meredith Fuchs, CFPB General Counsel, and Anne Zorc, CFPB Assistant General Counsel for Law and Policy. Accepted speakers include a number of prominent consumer advocates, such as David Vladeck, former Director of the FTC’s Bureau of Consumer Protection; Deepak Gupta, former CFPB Senior Counsel; and Omri Ben-Shahar, co-reporter for the Restatement on Consumer Contracts.
The CFPB has taken aim at fine print when describing its mission and suggested that the use of fine print could potentially be challenged by the CFPB as an unfair, deceptive, or abusive practice. Assuming Ms. Fuchs or Ms. Zorc accepts her invitation, the symposium should provide an opportunity to learn more about the CFPB’s views on this issue. At a minimum, the CFPB will undoubtedly be following this symposium with great interest. We will certainly be following it.