| Date: | Monday, June 30, 2008 |
| Time:* | 1:00 PM – 2:30 PM ET |
| Featured Speaker: | L. Richard Fischer, Obrea O. Poindexter |
| Duration: | 90 Minutes |
| Location: | Your office or conference room |
| Prerequisites: | None |
If your area does NOT observe Daylight Saving Time, the time will be one hour earlier.
The Federal Reserve Board and two other federal agencies are moving to promulgate new regulations on the credit card industry. When finalized, these proposed regulations will result in the most sweeping changes the credit card industry has faced in decades—including changes in the timing and allocation of payments, the modification of interest rates on existing accounts and the imposition of overdraft fees.
Attend New Provisions for the Credit Card Industry & Bank Overdrafts, an interactive audio conference, where industry expert L. Richard Fischer will review the new proposals and what they will mean for your institution.
Topics of Discussion Include:
- Dramatic new restrictions on credit card programs
- Creditors prohibited from changing interest rates on existing balances
- New requirements for payment timing and allocation
- Limitations on late fees and overlimit fees
- Limitation on balance computation methods
- Consumers must be given opt-out right on overdrafts
- And much more!
Registration Includes:
- Admittance to the 90-minute call for as many people as you can fit in a room with a speakerphone
- Access to the specially created presentation handouts (made available 48 hours in advance) which can be printed and used to train your personnel
- Participation in a 30-minute live Q&A with the speaker following the presentation
- Certificates of completion for all audio conference attendees
About Our Speaker
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Mr. L. Richard Fischer is a partner of Morrison & Foerster and practices in the firm’s Washington, D.C. office. His practice focuses on financial services law. He advises financial institutions and other companies across the United States on financial services, payment system and retail banking issues, with special emphasis on privacy, e‑commerce, technology and joint venture issues. Mr. Fischer is the author of a recognized treatise on privacy and information practices entitled The Law of Financial Privacy, (3rd ed.). He also is Editor-in-Chief of the Privacy and Information Law Report. Mr. Fischer has been named one of Washington's top banking and privacy lawyers by the Washingtonian magazine and is nationally recognized in both fields. |
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Obrea O. Poindexter is Of Counsel in the Washington, D.C. office of Morrison & Foerster. Ms. Poindexter's practice focuses on financial services law. Her practice includes advising clients on: financial privacy issues relating to the Gramm-Leach-Bliley Act and the Fair Credit Reporting Act; consumer lending issues under the Truth in Lending Act and the Equal Credit Opportunity Act; electronic banking and payment system issues under the Electronic Funds Transfer Act (Regulation E) and the E-SIGN Act and other issues, including Internet taxation, bankruptcy reform and Internet gambling. Prior to joining Morrison & Foerster, Ms. Poindexter was a staff attorney for five years at the Board of Governors of the Federal Reserve System in the Division of Consumer and Community Affairs, where she focused on issues relating to electronic banking, privacy, and consumer lending and leasing. |
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