The New Consumer Financial Protection Law:
Revolutionary Changes; Revolutionary Challenges

compassThe 6th Annual New England Consumer Advisory Group Forum
November 9, 2010
8:30 a.m. - 2:00 p.m.
Federal Reserve Bank of Boston

The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law by President Obama on July 21, 2010. This legislation is intended to better protect consumers in their financial transactions.

The new law’s impact on the financial industry and consumer protections is far-reaching and has generated questions and concerns from all affected parties. In order to help both consumer advocates and financial industry professionals better understand some of the changes ahead, this conference will provide an overview of the new law and address implications of Title X: The Bureau of Consumer Financial Protection and Title XIV: The Mortgage Reform and Anti-Predatory Lending Act. The program will culminate in a panel discussion focused on what consumers should expect as a result of this financial overhaul.

Agenda & Presentations

8:30 A.M.

Continental Breakfast & Registration

9:00 A.M.

Welcome & Opening Remarks
Lynn E. Browne, Executive Vice President & Economic Advisor
Federal Reserve Bank of Boston

9:15 A.M.  

Preventing the Next Crisis pdf
Paul S. Willen, Senior Economist & Policy Advisor
Federal Reserve Bank of Boston

9:45 A.M.

Dodd-Frank Reform: Overview pdf
Kenneth Ehrlich, Esq. Partner
Nutter McClennen & Fish LLP

10:30 A.M.

Break

10:45 A.M.  

The Consumer Financial Protection Bureau: Purpose & Function pdf
Susanna Montezemolo, Vice President, Federal Affairs
Center for Responsible Lending

11:30 A.M.

Mortgage and Predatory Lending Reform pdf
Richard P. Hackett, Esq. Partner
Pierce Atwood  LLP

Article: Mortgage Lending Reform Provisions of the Dodd-Frank Act Will Bring Sweeping Changes pdf

12:15 P.M.  

 

 

 

Luncheon & Panel Discussion - Bay State Room
Financial Reform: What Should Consumers Expect?

Moderator:

Carol S. Lewis, Esq., Consumer Regulations Specialist
Federal Reserve Bank of Boston

Panelists:

Pedro  L. Arce, Strategy & Business Development Manager/CRA Officer
Domestic Bank

Susanna Montezemolo, Vice President, Federal Affairs
Center for Responsible Lending

Jon Skarin, Director, Federal Legislative and Regulatory Policy
Massachusetts Bankers Association

2:00 P.M.             Adjournment