April 10, 2025 — Maurice Wutscher partner Donald Maurice on May 5 will chair the Consumer Financial Law Institute hosted by the New York City Bar Association at its offices in New York.
Maurice Wutscher is sponsoring this CLE event, which will bring together industry leaders and regulators to discuss trends and developments in consumer financial law, including a look at the next four years; credit reporting; buy now pay later; cryptocurrency; and more.
The agenda includes:
A Look at the Next Four Years: This panel of financial services attorneys will share their analysis of the second Trump administration and its impact on the consumer protection landscape. The discussion will cover changes at the CFPB, FTC, DOJ, prudential banking regulatory agencies and state regulators and what those changes mean for market participants. Panelists will provide thoughts on how businesses may adapt to a pullback in federal oversight while mitigating the risk of state or private actions.
Credit Reporting Highlights: Unpacking Recent FCRA Related Developments: The CFPB has been very active in the FCRA space with rulemaking and recent enforcement activity. This panel, featuring the President & CEO of the Consumer Data Industry Association (CDIA) and a representative from FTI Consulting, will discuss what these developments mean for institutions and how they can best be prepared operationally going forward.
Charting the Future of Buy Now Pay Later: The President & CEO of the Financial Technology Association and other industry leaders from WebBank, Block and Zip will speak about innovations in the BNPL space and its regulatory environment. The panel will touch on the pay-in-four nature of the product, including modernized credit reporting that accurately captures BNPL data.
Cryptocurrency: In light of the current regulatory environment, with federal regulation and enforcement of cryptocurrency waning, New York’s comprehensive licensing and regulatory efforts are drawing more attention. The panel, which includes the Deputy Superintendent of Virtual Currency at the New York State Department of Financial Services, will discuss regulation of crypto platforms and recent developments.
Protecting Consumers in the Age of the Internet: How the Online Marketplace Challenges Regulators, and Ways to Work Within the Tangled (Worldwide) Web: The Deputy General Counsel, NYC Department of Consumer and Worker Protection, will discuss the online marketplace, the challenges of Communications Decency Act limitations, ever-changing content that requires resource-intensive monitoring, jurisdictional challenges, and even court orders as its own obstacle.
General Business Law 349: How Well Does Our General Consumer Protection Law Serve New Yorkers?: Many are surprised to learn that New York has one of the narrowest consumer protection laws in the country. The CFPB and the FTC have urged New York to expand General Business Law 349’s ban on deceptive business acts and practices. Proposed legislation seeks to dramatically expand GBL 349. A senior staff attorney from Mobilization will examine the ins and outs of this law and how well it measures up nationally.
The Consumer Financial Law Institute will be held from 9 a.m. to 5:45 p.m. and includes a networking breakfast and luncheon. The institute is open to nonmembers and will provide at least 6.0 hours of CLE. For more information and to register, click here.
Donald Maurice represents the financial services industry, successfully litigating matters in appellate and trial courts throughout the country in individual and class actions and guiding businesses, trade associations and financial services companies nationwide in regulatory and compliance matters including data privacy and ethics. He has been retained as counsel for amicus curiae in the U.S. Supreme Court and in U.S. Circuit Courts of Appeals, and frequently testifies before state legislatures. Mr. Maurice is outside counsel to RMAI and serves as chair of the New York City Bar Association’s Consumer Affairs Committee. He is a regent of the American College of Consumer Financial Services Lawyers and a fellow of the ABA’s American Bar Foundation. He has been named to Thomson Reuters’ list of New Jersey Super Lawyers and is peer-rated AV Preeminent by Martindale-Hubbell, the worldwide guide to lawyers.