October 05, 2017

ABA conference on consumer financial services basics set for Oct. 19-20 in Arlington, Va.

WASHINGTON, Oct. 5, 2017 — Financial privacy and credit reporting, data security, fraud prevention and identity theft protection are just some of the topics to be discussed by the nation’s leading financial services industry experts during the American Bar Association’s Eighth Annual National Institute on Consumer Financial Services Basics on Oct. 19-20 at the Waterview Conference Center in Arlington, Va.

Eighth Annual National Institute on Consumer Financial Services Basics
Sponsored by the ABA Business Law Section and the ABA Center for Professional Development

Oct. 19-20

Waterview Conference Center
1919 N. Lynn Street
Arlington, VA  22209

In the pressure cooker of today’s financial services industry, the breadth and complexity of the issues can be overwhelming. The institute is designed to expose practitioners to key areas of CFS law. Key topics covered include:

• History and development of federal and state consumer financial services laws

• Truth in lending and disclosure requirements

• Fair lending

• Financial privacy and credit reporting

• Data security, fraud prevention and identity theft protection

• Consumer communications: FDCPA, TCPA, TSR, Can-Spam and others

• Asset account regulation

• Mortgage origination and servicing


• Litigation and enforcement actions

Conference highlights include:


“Meet the Regulators” —In a moderated Q&A panel, representatives from the primary federal and state regulators of consumer financial protection laws, including Malini Mithal, Federal Trade Commission, Washington, D.C., will discuss where each agency fits within the regulatory scheme, the tools they use, what differentiates one agency from another and their focus for the upcoming year.
8:45-10 a.m.

“Financial Privacy, Data Security and Cybersecurity” —Presenters will discuss key restrictions on the use and disclosure of consumer financial information, including the Gramm-Leach-Bliley Act’s privacy provisions and the Affiliate Marketing Rule. They will also examine federal and state laws requiring financial institutions to safeguard consumer information and the impact of data security breaches on the financial services industry.
10:15-11:45 a.m.


“Installment Lending: Payday, Title, Indirect Auto and Student Loans” —A panel of experts will examine the regulation of indirect auto credit, student loans and small dollar loans, such as payday and title loans.
10-11 a.m.

“The Regulatory Landscape for FinTech Products and Services” —No discussion of consumer financial services law can be complete today without exploring what lawyers need to know to advise clients about the legal and regulatory hurdles for FinTech entrepreneurs and their financial institution partners. The presenters will outline the basics of compliance for marketplace lenders, emerging payments services and digital currency providers.
1-1:45 p.m.

The complete agenda can be found online.

This event is open to members of the press at no charge. For media credentialing, please contact Robert Robinson at Robert.Robinson@americanbar.org.

Go to www.abalegalfactcheck.com for the ABA’s new feature that will cite case and statutory law and other legal precedents to distinguish legal fact from fiction.

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