Consumer financial services investigations and enforcement actions can present significant risks and potential disruptions for companies. Assessing how they might impact your company and how to respond presents its own challenges. With increased activity at the CFPB in investigations and enforcement, and synergies on priorities among the CFPB, the FTC, the DOJ and activity on the state level, there are multiple paths to being scrutinized and investigated for compliance with the alphabet soup of consumer financial laws and regulations. This session will focus on the latest developments and key issues arising in consumer financial services investigations and enforcement matters across the CFPB, FTC, DOJ, and state attorneys general and regulators, with insights from attorneys who are on the front lines of providing compliance advice, defending investigations, and litigating when needed.
Topics will include:
- Updates on CFPB, FTC, Banking Agencies, DOJ, and State AG/Regulatory Investigations and Enforcement Priorities and Takeaways
- Fair Lending Is Back: DOJ, CFPB, and Banking Agencies Signal a Significant Increase in Fair Lending Enforcement
- New Focus on Complex Investigations and Prosecutions of Criminal Misuses of Cryptocurrency
- CFPB Interest in Data Harvesting and Payment Systems
- The CFPB Is Going “BIG”: What that means, and what sectors may be next?
- Defending an Investigation: Observations from the Front Lines and Preparing for Litigation
This session will cover lessons learned from past and current investigations and enforcement actions, how to define key risk areas, and compliance best practices for managing risk.
Speakers:
Jonathan L. Pompan, Partner
Andrew E. Bigart, Partner
Michael J. Bresnick, Partner
Alexandra Megaris, Partner
Leonard Gordon, Partner