The second presentation of PLI’s 24th Annual Consumer Financial Services Institute will take place in Chicago on May 20-21, 2019.  The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation.  I am again co-chairing the event, as I have for the past 23 years.  Approximately 400 people attended the first presentation in NYC, live and on the web, on March 25-26, 2019.

The leadership of the CFPB, OCC, FDIC and FTC is now firmly under Republican control.  While this has altered these agencies’ priorities, all continue to be very active in enforcing consumer financial laws and the CFPB’s supervisory activities remain substantially unchanged.  At the same time, state attorneys general and regulators are increasing their regulatory and enforcement activity to fill any void created at the federal level.  In addition, the improved economy, the deregulated federal environment, and the rapid increase in technological innovation has resulted in new entrants into the consumer financial services industry and the offering of new products and services by existing players.

I will co-moderate the morning sessions on the first day, which will feature two panel discussions focusing on federal regulatory, enforcement, and supervisory developments.  The first panel will include discussion among CFPB and FTC representatives.  The second panel will include discussion among OCC and FDIC representatives.  I am very pleased that the Chicago program will feature the following attorneys from these agencies:

  • Thomas Pahl, CFPB, Policy Associate Director, Division of Research, Markets & Regulations
  • Allison Brown, CFPB, Deputy Assistant Director for Servicing, Office of Supervision
  • Cara Petersen, CFPB, Principal Deputy Enforcement Director
  • Leonard Chanin, FDIC, Deputy to the Chairman
  • Ian Campbell, OCC, Counsel

My partner Chris Willis will participate in two panel discussions featured in the afternoon session of the first day.  One of those panels is titled “Fair Credit Reporting Act/Debt Collection Issues” and will include a discussion of the CFPB’s debt collection rulemaking, FCRA litigation trends, and state activity. The other panel, which I will moderate, is titled “The Rapidly Evolving Landscape for FinTech” and will examine the intersection between new technologies and products and as well as existing regulatory frameworks, such as Big Data and the use of Artificial Intelligence (AI) and Blockchain (including virtual currency).

The Institute will also focus on a variety of other cutting-edge issues and developments, including:

  • Privacy and data security issues
  • TCPA developments
  • Class action and litigation developments
  • State regulatory and enforcement developments
  • Consumer advocates’/plaintiff lawyers’ perspectives on current regulatory and litigation issues

We hope you can join us for this informative and valuable program.  PLI has made a special 25 percent discounted registration fee available to those who register using the following priority code: RDH9 CHAIR.  To register and view a complete description of PLI’s 24th Annual Consumer Financial Services Institute, click here.

For assistance with registration, contact PLI Customer Service at 800-260-4PLI.