96 episodes

The Consumer Financial Services industry is changing quickly. This weekly podcast from national law firm Ballard Spahr focuses on the consumer finance issues that matter most, from new product development and emerging technologies to regulatory compliance and enforcement and the ramifications of private litigation. Our legal team—recognized as one of the industry's finest— will help you make sense of breaking developments, avoid risk, and make the most of opportunity.

Consumer Finance Monitor Ballard Spahr LLP

    • Business News
    • 5.0, 22 Ratings

The Consumer Financial Services industry is changing quickly. This weekly podcast from national law firm Ballard Spahr focuses on the consumer finance issues that matter most, from new product development and emerging technologies to regulatory compliance and enforcement and the ramifications of private litigation. Our legal team—recognized as one of the industry's finest— will help you make sense of breaking developments, avoid risk, and make the most of opportunity.

    New York City’s Department of Consumer Affairs Adopts New Language Proficiency Requirements for Debt Collections: What You Need to Know

    New York City’s Department of Consumer Affairs Adopts New Language Proficiency Requirements for Debt Collections: What You Need to Know

    Recent amendments to NYC’s debt collection rules impose new requirements relating to consumers’ language proficiency. Following an overview, we take a close look at the specific requirements and their applicability to first- and third-party collections, discuss the DCA’s authority, availability of federal preemption, and compliance challenges, and offer thoughts on best compliance practices.

    • 31 min
    The OCC and FDIC “Madden fix” Final Rules and Related Recent Developments

    The OCC and FDIC “Madden fix” Final Rules and Related Recent Developments

    After reviewing the legal foundation for federal preemption of state law limits on interest, we discuss the final OCC/FDIC “Madden fix” rules, the “true lender” issue, potential Congressional or litigation challenges to OCC/FDIC “Madden fix” and “true lender” rules, and recent developments in litigation involving Madden or “true lender” challenges to bank/nonbank partnerships and securitizations.

    • 52 min
    Update on Recent Non-COVID-19-Related Consumer Financial Services Legal Developments

    Update on Recent Non-COVID-19-Related Consumer Financial Services Legal Developments

    The topics we discuss are: implications of the SCOTUS Seila Law decision on CFPB rules, past consent orders, ongoing enforcement, and the Texas lawsuit challenging the CFPB payday loan rule; DOJ/FTC auto dealer fair lending actions, status of disparate impact, and Google targeted advertising changes; the CFPB’s new advisory opinion program; timing of CFPB debt collection final rule; and OCC/FDIC final rules to undo Madden and plans to address “true lender.”

    • 46 min
    A Discussion of the U.S. Supreme Court’s Seila Law Decision and its Implications

    A Discussion of the U.S. Supreme Court’s Seila Law Decision and its Implications

    We are joined by Deepak Gupta, a renowned consumer advocate who has argued multiple cases before the Supreme Court. After reviewing the history of the controversy over the CFPB’s constitutionality, our discussion focuses on the decision’s potential impact on past, ongoing, and future CFPB rulemaking and enforcement activities, including what steps the CFPB may take to preserve or reverse its pre-Seila Law actions, and the decision’s potential significance for other agencies.

    • 54 min
    A Primer on the Foreign Corrupt Practices Act for Consumer Financial Services Providers

    A Primer on the Foreign Corrupt Practices Act for Consumer Financial Services Providers

    The recent announcement by a consumer lender in an SEC filing that it had earmarked $21.7 million to resolve an SEC probe into its FCPA compliance could signal new interest by regulators in enforcing the FCPA against consumer financial services providers with operations outside of the U.S. In this podcast, we review what practices are prohibited by the FCPA, which regulators enforce the FCPA, how the FCPA can be enforced and penalties for non-compliance, and tips for avoiding FCPA liability.

    • 16 min
    Revoking Consent Under the Telephone Consumer Protection Act: A Discussion of Recent Case Law Developments

    Revoking Consent Under the Telephone Consumer Protection Act: A Discussion of Recent Case Law Developments

    The issue of whether a consumer can unilaterally revoke consent to receive automated remains a significant concern for industry. We look at how the FCC and courts have approached the issue and discuss recent significant decisions from federal appeals courts holding that the TCPA does not allow a consumer to unilaterally revoke consent when it is given as part of a bargained-for exchange.

    • 19 min

Customer Reviews

5.0 out of 5
22 Ratings

22 Ratings

Bendalina ,

Good stuff

Nerd out on consumer finance legal issues

zombiesniper1911 ,

Very helpful

This was very helpful information and explained in a way that was easy to understand. Thank you!

Top Podcasts In Business News

Listeners Also Subscribed To