The Department of Defense (DoD) recently issued an interpretive rule to assist the industry with its final rule implementing the Military Lending Act (MLA), which extended the MLA's 36 percent interest cap and other restrictions to a host of consumer financial products.

Auto sales finance companies and banks may be covered by the MLA. As a result of a confusing aspect of the interpretive rule, there is an issue as to whether the exemption for auto finance applies in all circumstances. At our webinar we will discuss this issue in detail.

Topics will include:

  • A review of the DoD's interpretive guidance;

  • Lingering questions and concerns with the final rule, which requires compliance by October 3, 2016;

  • The interplay between the final rule and state antidiscrimination laws; and

  • Compliance strategies.

Date & TIme

September, 20, 2016
12:00 PM - 1:00 PM ET

Moderator

Alan S. Kaplinsky
Practice Leader
Consumer Financial Services

SpeakerS

John L. Culhane, Jr.
Consumer Financial Service

Anthony C. Kaye
Consumer Financial Service

 
Juliana D. Gerrick
Consumer Financial Services

This program is open to Ballard Spahr clients and prospective clients and members of the financial services industry. 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.

Register