December 27, 2017

FCC, CFPB officials to speak at ABA Consumer Financial Services meeting in Park City, Utah

WASHINGTON, Dec. 27, 2017 — Government officials from the Federal Trade Commission and the Consumer Financial Protection Bureau will be among the speakers and presenters at the ABA Business Law Section 2018 Consumer Financial Services Meeting, Jan. 6-9, 2018, at the Grand Summit at Canyons Village in Park City, Utah.

Topics to be discussed during the four-day meeting include online identification and verification services, cybersecurity compliance, payday lending and the impact of the new Federal Trade Secrets Act on mortgage originator recruiting.

What:   2018 Consumer Financial Services Meeting
            Sponsored by the ABA Business Law Section

When:  Jan. 6-9, 2018

Where: Grand Summit at Canyons Village
             4000 Canyons Resort Drive
             Park City, Utah   84098

Government officials scheduled to speak include:

  • Ben Rossen, attorney, Division of Privacy and Identity Protection, FCC
  • Malini Mithal, acting associate director, Division of Financial Practice, FCC
  • Mauricio Videla, enforcement attorney, CFPB

Program highlights include:

“Cybersecurity Compliance in Light of the Equifax Breach and Evolving Regulatory Landscape” — Speakers, including Ben Rossen of the FCC, will discuss the current and evolving legal and regulatory standards and industry best practices for cybersecurity compliance and data breach response programs; preparing for a potential data breach or other cybersecurity incident before it happens; using cyber insurance effectively to manage risk; responding to a data breach at your company as well as responding to a breach at another company that affects your customers; and managing litigation risks and strategies for limiting liability for data breaches and other cybersecurity incidents.

“Shopping for Consumer Financial Services Online: Issues with Lead Generators, Aggregators and Influencers” — Panelists, including speaker Malini Mithal of the FCC, will explore the numerous Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) concerns and other pitfalls with online marketing through lead generators, product aggregators and social media influencers. Hear perspectives from the FTC on disclosure expectations when financial service providers use these advertising channels.

“Military Lending Act” — Speakers will discuss the Military Lending Act credit card account rules that took effect on Oct. 3, 2017, and practical issues that arise from the MLA Final Rule. The panel will also discuss recent developments in Servicemember Civil Relief Act examinations and enforcement actions.

A complete program schedule can be found online.

There is no charge for media covering this event. To register, please contact Robert Robinson at 202-662-1097 or Robert.Robinson@americanbar.org.

The ABA Business Law Section serves more than 50,000 professionals and students by providing exclusive resources designed to help members expand their knowledge, engage with a community and advance their experience. Learn more at www.ambar.org/blmembership.

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