The Office of the Comptroller of the Currency recently set forth in an examination guide—then promptly retracted—new "supervisory principles" relating to overdraft and overdraft protection products. We fear that these actions provide insight into high-level thinking at the OCC concerning overdraft products. We also fear that the Consumer Financial Protection Bureau will be challenged to craft rules that are more permissive than the OCC suggests.

In this webinar, we summarize the principal existing regulatory overdraft-related guidance and the "supervisory principles" the OCC adopted and then retracted. We also explore the direction the CFPB may take when it proposes overdraft rules.

Program

12:00 PM - 1:00 PM  ET

Moderator

Alan S. Kaplinsky, Practice Leader
Consumer Financial Services Group

Presenters

Jeremy T. Rosenblum, Practice Leader
Consumer Financial Services Group

Glen P. Trudel, Partner
Consumer Financial Services Group

Jeremy C. Sairsingh, Associate
Consumer Financial Services Group

Continuing Legal Education

This program is open to Ballard Spahr clients and members of the financial services industry. There is no cost to attend. This program is not eligible for continuing education credits.

Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Lisa M. Prickril at prickrill@ballardspahr.com.

Register

Related Areas

Program Contact

Lisa M. Prickril
215.864.8252
prickrill@ballardspahr.com