Compliance: CFPB’s UDAAP symposium set for June 25
The Consumer Financial Protection Bureau (CFPB) will host its first symposium of its announced series June 25 in Washington, D.C. The event will cover Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) and includes two panels of UDAAP experts and remarks from CFPB Director Kathy Kraninger and Deputy Director Brian Johnson.
The event is scheduled to begin at 9 a.m. (ET) at the CFPB’s Washington, D.C. headquarters, and members of the public wishing to view the livestream (in-person attendance is at capacity) can register here.
The first panel will include a discussion with leading academic experts in the area of Consumer Protection on various policy issues relating to the abusive standard under Dodd-Frank.
It will be moderated by Tom Pahl, CFPB’s policy associate director for research, markets and regulation, and include:
- Patricia McCoy, Professor of Law, Boston College Law School;
- Todd Zywicki, Professor of Law, George Mason University, Antonin Scalia Law School;
- Howard Beales, George Washington University; former director of the Federal Trade Commission (FTC) Bureau of Consumer Protection; and
- Adam Levitin, Professor of Law, Georgetown Law School
The second panel will examine how the abusive standard has been used in practice, and will include leading legal experts in the field. It will be moderated by David Bleicken, CFPB deputy associate director for supervision, enforcement and fair lending and include panelists:
- William MacLeod, partner at Kelley Drye; former Director of the FTC Bureau of Consumer Protection and Bureau of Competition;
- Eric Mogilnicki, partner at Covington & Burling; former chief of staff, Sen. Ted Kennedy (D-Mass.);
- Lucy Morris, partner at Hudson Cook; former CFPB deputy enforcement director; and
- Nicholas Smyth, assistant director of the Pennsylvania Office of Attorney General’s Bureau of Consumer Protection, Senior Deputy Attorney General.