More Than Just Fintech: What Are the Important Takeaways for All Consumer Financial Services Providers from Treasury's Sweeping Report
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Early last month, the U.S. Treasury Department issued a report, titled "Nonbank Financials, Fintech, and Innovation," in which it recommended sweeping regulatory changes intended to promote innovation in the consumer financial services market, reduce regulatory burdens on consumer financial services providers, and update regulations applicable to various types of consumer lending and related consumer financial products and services. A focus of the report is issues that arise from impediments or uncertainties that the current legal framework creates for marketplace developments driven by changes in technology.
Join us for this webinar in which we discuss the implications of the report for bank and nonbank consumer financial services providers. Our discussion will include:- Treasury’s specific recommendations for regulatory and statutory reform
- Reaction of regulators
- Political impact of the report and potential for Congressional action
Moderator
Alan S. Kaplinsky
Practice Leader
Consumer Financial Services
Speaker(s)
Isaac Boltansky
Director of Policy Research
Compass Point Research and Trading, LLC
John L. Culhane, Jr.
Consumer Financial Services
James Kim
Consumer Financial Services Litigation
This program is open to Ballard Spahr clients and prospective clients. There is no cost to attend. This program is not eligible for CLE credits.
Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Daniel Martin at martind@ballardspahr.com.