Pepper Hamilton partners Richard P. Eckman and Frank A. Mayer, III will present "Consequences of Regulatory Scrutiny of Overdraft Protection Programs." This audio conference hosted by Lorman Education Services will begin at 1:00 p.m. EDT on September 12.
The Dodd-Frank Act forever changed the nature of federal regulation and enforcement of banks and other financial services businesses, particularly in giving the Consumer Finance Protection Bureau wide-ranging authority to examine banks for unfair, deceptive and abusive acts and practices (UDAAP). The CFPB has announced that one area of focus will be overdraft protection policies, and other regulators (state and federal) and the national plaintiff's bar have followed suit. This live audio conference is essential for bank officials in charge of regulatory compliance. Eckman and Mayer will review the current legal and regulatory landscape affecting overdraft protection plans, discuss what the CFPB, other federal and state authorities, and consumer plaintiff attorneys are doing, and offer recommendations for an action plan to prepare your institution for this new wave of enforcement. This audio conference is critical for banks to understand what the regulators will be looking for and what you need to do now to prepare for examination.
For more information and to register, visit http://www.lorman.com/audio-conference/390229.