Hey Boston – the National Law Review wants to bring to your attention — The American Bar Association Business Law Section, the ABA Center for Continuing Legal Education, and the Morin Center for Banking and Financial Law of Boston University School of Law will host the 1st presentation of a one-and-a-half day introduction to the regulation of consumer financial services (“CFS”) products and the financial institutions that provide them. If you need a primer or a refresher on the law governing consumer loans and deposits, the program will provide a jump start. 11.75 hours of CLE have been applied for. 
Program Focus
The program will explain each of the major sources of regulation of consumer financial products in the context of the regulatory techniques and policies that are the common threads in a complex pattern, including:
- Price regulation and federal preemption of state price limitations
- Disclosure and transparency serving consumer understanding and market operation
- Regulating the “fairness” of financial institution conduct
- Privacy and security of consumer data and the problem of ID theft
- Fair access to financial services
- Remedies: regulators and private plaintiffs
- Regulatory reform: CFPA and beyond
Rapid change is occurring in CFS law on several fronts. First, Congress and the Administration have proposed significant changes in CFS law, with the Credit CARD Act and other changes going into effect almost immediately and proposed new regulators on the horizon. At the same time, the long-time federal CFS regulators (FRB, HUD, and FTC) have promulgated new regulations of the CFS industry and its products at an unprecedented pace, in response to a financial crisis that began with toxic consumer assets and the perceived failure to regulate adequately in the past. Finally, states continue to impose their individual, local solutions on CFS industry problems. This multi-pronged approach results in, among other things, constitutional issues of federalism that the Supreme Court and Congress are currently tackling in the area of federal preemption of state CFS laws.
This program presents these new developments in the context of the complex, overlapping and often inconsistent federal laws and regulations that have developed over the past 40 years. September 20 -21 Boston University School of Management For More Information and to Register Click on: http://dld.bz/vCjC
