The collections industry is actively adapting to Dodd-Frank and the evolving regulatory landscape. The CFPB has authority to supervise and investigate all credit issuers, debt buyers and collectors. Also, the bureau is considering new rules that govern debt collections under the FDCPA or other CFPB authorities. At the same time, the FTC continues to pursue several enforcement, education, outreach and policy initiatives. Even more, the rules of the road continue to change on the state level, and state AGs and regulators are launching their own investigations.
This interactive session will address hot-button issues that the FTC, CFPB and states are homing in on. In addition, panelists will identify common themes and explain the implications for future collection efforts. This includes best practices for tempering legal and compliance risks and avoiding regulatory scrutiny. Finally, panelists will discuss the potential of new regulations and opportunities.
Jonathan L. Pompan, Partner, Venable LLP
Dalie Jimenez, Professor, University of Connecticut School of Law
For information and registration, please click here.