Home Page : Archive News : November 2016 News : Jennifer Newton,Attorney,Shutts & Bowen LLP to Speak at the Knowledge Group's To Decline or to Accept?- Scrutinizing CFPB's New Arbitration Rule Proposal

Jennifer Newton,Attorney,Shutts & Bowen LLP to Speak at the Knowledge Group's To Decline or to Accept?- Scrutinizing CFPB's New Arbitration Rule Proposal

November 15, 2016

This event is scheduled for December 5, 2016 from 10:00am - 12:00pm (ET).

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Jennifer Newton, Attorney, Shutts & Bowen LLP will speak at the Knowledge Group's webcast entitled: "To Decline or to Accept? - Scrutinizing CFPB's New Arbitration Rule Proposal."

For further details, please visit:
https://theknowledgegroup.org/event-homepage/?event_id=2200

About Jennifer Newton
Jennifer D. Newton is an attorney in the Miami office of Shutts & Bowen LLP, where she is a member of the Financial Services Practice Group. The Shutts & Bowen Financial Services Practice Group has been recognized by Chambers USA as a first tier banking and finance practice area since its first publication.

Jennifer has nearly a decade of experience in consumer financial matters both in private practice and with the federal government. Jennifer regularly advises a wide-range of clients on consumer finance and banking regulatory, litigation, transactional and compliance matters, including matters related to the Real Estate Settlement Procedures Act (RESPA), the Equal Credit Opportunity Act (ECOA), the Truth in Lending Act (TILA), the Home Mortgage Disclosure Act (HMDA), the Fair Debt Collection Practices Act (FDCPA), the Fair Credit Reporting Act (FCRA), consumer lending issues under the CARD Act, and data breach and emerging payment issues involving the Gramm-Leach-Bliley Act (GLBA), the Banking and Secrecy Act (BSA/AML), the Telephone Consumer Protection Act, and the Electronic Fund Transfer Act (EFTA).

About Shutts & Bowen LLP
Shutts & Bowen LLP is a full-service law firm with a deep connection to Florida's history and a commitment to excellent service for our clients and community. Founded in 1910, Shutts has been opening doors to our business clients across the state for over a century.

Our firm employs approximately 270 attorneys across more than 30 practice areas and 7 offices and provides our business and individual clients high-quality and responsive legal services. We value the relationships we have established over the years with startups and mid-market businesses, Fortune 100 companies and international corporations, banking and investment firms, governmental agencies and municipalities as well as prominent individuals and families seeking to preserve their assets.

Our founders are directly linked to the creation of the Flagler railroad and Florida's largest newspaper dating back more than 100 years. We honor these relationships by dedicating our time and expertise to issues that are important to our clients and communities. We propose new legislation, contribute thought leadership in industry publications and conferences, and support business and charitable organizations alongside our clients. We believe this dedication helps us build important connections that enhance our service to clients.

Because of our stake in the past, we are poised to become the law firm of the future.

Event Synopsis:
The Consumer Financial Protection Bureau's (CFPB's) Notice of Proposed Rulemaking on Arbitration Agreements is facing a strong opposition as various organizations from the financial industry flood the agency with comments rebutting the proposed rule. The contentious regulation would prohibit mandatory arbitration clauses in consumer financial contracts and would require companies to disclose information regarding the arbitrations conducted under agreements.

In their 42-page rebuttal, the American Bankers Association, the Consumer Bankers Association and the Financial Services Roundtable, have unanimously expressed their dissatisfaction on CFPB's perceived failure to consider alternatives. They presented arguments on the efficiency of arbitration for both consumers and financial services companies.

The sturdy disapproval from the industry indicates a rocky road for CFPB's completion of the regulation. If finalized, the regulation is expected to cause sweeping implications to companies' consumer financial product and services offering. It would also impact the resolution of consumer disputes and the mitigation of potential liability. Firms should start mulling over numerous considerations at play.

In this two-hour LIVE Webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help consumer financial services companies understand the important aspects of this significant topic. They will provide an in-depth discussion of the Proposed Rule and will also offer best practices in responding to the new regulatory landscape.

About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/

Source: http://www.1888pressrelease.com/jennifer-newton-attorney-shutts-bowen-llp-to-speak-at-the-pr-601770.html
 
Related Updates