From loan servicing challenges amid mass unemployment to credit reporting requirements under new government programs and a new wave of privacy-related class actions on the horizon, the world of consumer finance is evolving in important ways. Lenders in the student loan, auto finance, credit card, mortgage, and personal loan spaces are forced to meet new legislative and regulatory demands and defend against new litigation and enforcement actions.
ACI's 32nd Annual Advanced Forum on Consumer Finance Class Actions, Litigation & Government Enforcement Actions returns this year to help you make sense of these sudden developments, understand how they will impact you or your clients, and successfully manage the surge of COVID-19-related disputes that is likely to arise.
At this event, DWT partner Jonathan Engel will moderate a panel titled "State Enforcement in the Trump Era: How Novel Regulatory Bodies, Increasingly Militant Consumer Protection, and Renewed Scrutiny of Industry Practices Will Affect the Industry." Attendees will:
- Get status updates on new investigation and enforcement actions by state Attorneys General and regulatory agencies (including licensing entities with the power to revoke the licenses of those whose conduct they regulate) as well as coordinated multi-state activity in response to decreased federal activity
- Gain insight into enforcement efforts by "Mini-CFPBs" in New York, New Jersey, and Massachusetts over the past year and proposals to create a similar agency in California
- Hear directly from key agencies and prepare to engage in dialogue with them in an exclusive Q&A session