Join Andrew Smith and Nancy Thomas, to help you understand who is subject to the CFPB’s enforcement authority, the scope of that authority, the enforcement process, and what we can learn from how the CFPB has exercised its authority so far.

Topics covered:

• CFPB’s Enforcement Jurisdiction
  • What institutions are subject to the CFPB’s enforcement authority?
  • What subject matter falls within that authority?
• CFPB’s Enforcement Process
  • What should you expect if you receive a subpoena or CID?
    • What rights do you have to try to limit or avoid responding?
    • Can you protect your confidential or privileged information?
  • What should you expect if the CFPB institutes administrative proceedings or files suit in court?
  • How does the CFPB’s UDAAP (unfair, deceptive and abusive acts and practices) authority play into all of this?
• Practical Lessons Learned:
  • What can we learn from the CFPB’s early rulings on petitions to set aside or modify a CID
  • What can we learn from the CFPB’s first Consent Orders and Enforcement Bulletins?