CFPB Enhanced Oversight and HeightenedScrutiny of the Industry: Evaluating LessonsLearned from Recent Enforcement Actions,Preparing for Investigations and Examinationsand Looking Ahead to Rulemaking Updates

October 23, 2014 9:50am


Maxwell Peltz
Senior Litigation Counsel
Consumer Financial Protection Bureau

T. Morgan Ward Jr.
Stites & Harbison PLLC

David Stein
Bricker & Eckler LLP

Frank Hirsch

Alston & Bird LLP

  • Assessing recent enforcement actions and investigations undertaken by the CFPB: Lessons learned; Trends in enforcement actions; Which market sectors are receiving enhanced scrutiny and why?
  • Anticipating the types of claims that the CFPB will be pursuing in the near-term
  • Which CFPB actions will lead to piggybacking private actions?
  • Preparing for and responding to CFPB investigations and examinations
  • Responding to CIDs (Civil Investigative Demands): Assessing the CID process
  • Where the CFPB is likely headed in the coming months: Trends in examinations and investigations; What to expect; How to prepare
  • Assessing coordination efforts between the CFPB and other federal and state agencies, including state AGs
  • Rulemaking updates
  • CFPB focus on third-party service providers
  • Impact of the CFPB’s consumer complaints database on consumer finance litigation: How have plaintiffs’ counsel responded?; How financial institutions can use the database to anticipate and prepare for the next wave of litigation and develop proactive compliance strategies to minimize risk
  • Assessing the CFPB’s adjudication procedures
  • Attorney-client privilege and the CFPB