The Consumer Financial Services industry is changing quickly. This weekly podcast 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.


Season 4 | Episode 8 - The Times at the CFPB are A-Changing: Perspectives on the CFPB Under Acting Director David Uejio and Director Rohit Chopra: Part II

In Part II of our two-part podcast, we discuss how we expect Rohit Chopra, if confirmed by the Senate, to approach his new role as CFPB Director. We look at the possible implications of positions taken by Mr. Chopra as FTC Commissioner for how he will use the CFPB’s statutory authorities, his likely approach to student lending based on his tenure as CFPB Student Loan Ombudsman, and how his approach to enforcement is likely to differ from that of former Director Kraninger.

Ballard Spahr attorney Alan Kaplinsky hosts the conversation, with Chris Willis, Co-Chair of the firm’s Consumer Financial Services Practice Group, John Culhane, a partner in the Group, and Heather Klein, an associate in the Group.

Season 4 | Episode 7 - The Times at the CFPB are A-Changing: Perspectives on the CFPB Under Acting Director David Uejio and Director Rohit Chopra: Part I

In Part I of our two-part podcast, we are joined by special guest former CFPB Director Richard Cordray. After discussing the process of transitioning to new leadership, Mr. Cordray shares his thoughts on how Mr. Uejio and, if confirmed by the Senate, Mr. Chopra, are likely to approach their new leadership roles at the CFPB and their expected priorities.

Ballard Spahr attorney Alan Kaplinsky hosts the conversation.

Season 4 | Episode 6 - SB 1792 and the Illinois Predatory Loan Prevention Act: A Look at Key Issues

Unless vetoed by Governor Pritzker, SB 1792 will soon become law and overhaul the state’s consumer finance laws. After discussing the lenders and loans covered by the 36% APR cap, the types of charges included in the cap, and the penalties for violations, we look at what SB 1792 means for loans made via a bank partnership model, including when an agent or service provider would be considered the lender and the interaction with federal law.

Ballard Spahr attorney Alan Kaplinsky hosts the conversation with Jeremy Rosenblum, a partner in Ballard Spahr’s Consumer Financial Services Practice Group, and Jason Cover, an associate in the Group.

Season 4 | Episode 5 - Consumer Financial Services Litigation: Looking Back at 2020 and Ahead in 2021

After discussing the pandemic’s impact on 2020 litigation, we share our expectations for 2021, including pandemic-related and other types of claims most likely to be alleged in private litigation and enforcement actions, how litigation could be impacted by possible legislative changes, and the potential implications of a more aggressive CFPB for case resolution. We also discuss two federal appellate decisions of significance to class action defendants.

Ballard Spahr attorney Alan Kaplinsky hosts the conversation with Chris Willis, Co-Chair of Ballard Spahr’s Consumer Financial Services Practice Group, and Dan McKenna, Practice Leader of Consumer Financial Services Litigation at the firm.

Season 4 | Episode 4 - A Look at the Recommendations of the CFPB’s Taskforce on Federal Consumer Financial Law with Special Guest Professor Todd Zywicki, Taskforce Chairman: Part II

In Part II of our two-part podcast, we look at the recommendations in the Taskforce’s report concerning the use of principles-based (rather than prescriptive) regulations and CFPB licensing of non-depository institutions providing lending, money transmission or payment services. We share our reactions to the recommendations, consider their practical implications for the industry, and discuss how the CFPB under new leadership may react to the Taskforce’s report.

Ballard Spahr attorney Alan Kaplinsky hosts the conversation with Professor Zywicki and Chris Willis, Co-Chair of Ballard Spahr’s Consumer Financial Services Practice Group.

Season 4 | Episode 3 - A Look at the Recommendations of the CFPB’s Taskforce on Federal Consumer Financial Law with Special Guest Professor Todd Zywicki, Taskforce Chairman: Part I

In Part I of our two-part podcast, after discussing the Taskforce’s goals and background, we look at the recommendations in the Taskforce’s report concerning artificial intelligence, limited English proficiency consumers, and fair lending, share our reactions to the recommendations, and consider the recommendations’ practical implications for the consumer finance industry.

Ballard Spahr attorney Alan Kaplinsky hosts the conversation with Prof. Zywicki and Chris Willis, Co-Chair of Ballard Spahr’s Consumer Financial Services Practice Group.

Season 4 | Episode 2 - A Close Look at Earned Wage Access (EWA) Programs with Special Guest, Jesse Silverman, General Counsel of Steady

After reviewing what EWA is and the different models used for EWA programs, we discuss federal and state regulatory issues raised by such programs, the CFPB’s advisory opinion on such programs and the questions it raises, how a change in CFPB leadership under the Biden Administration could impact such programs, and the future of such programs.

Ballard Spahr attorney Alan Kaplinsky hosts the conversation with Mr. Silverman and James Kim, a partner in Ballard Spahr’s Consumer Financial Practices Group and co-leader of the firm’s Fintech and Payments Team, who advises clients on EWA programs.

Season 4 | Episode 1 - A Close Look at the OCC’s Fair Access Proposal with John Court, Executive Vice-President and General Counsel of the Bank Policy Institute

After reviewing the proposal’s statutory basis, coverage, and operative requirements, Mr. Court explains the basis for BPI’s position that the proposal is inconsistent with how banking is regularly conducted and will undermine rather than promote safety and soundness, provides examples of how the proposal would impose unworkable requirements, and discusses BPI’s Freedom of Information Act request to the OCC for data supporting its assertions about banks in the proposal. Ballard Spahr attorney Alan Kaplinsky hosts the conversation with Mr. Court. 


Season 3 Episodes

Season 2 Episodes

Season 1 Episodes