July 21, 2011 is the "designated transfer date" under Title X of the Dodd-Frank Act and the day the new Consumer Financial Protection Bureau inherits most of the considerable powers granted it by the Act.
So what happens now?
Join Foley Partners Martin J. Bishop, Timothy S. Crisp, and Michael C. Lueder on the designated transfer date for a Web conference during which we’ll explore the following questions, among others:
- What powers transfer to the Bureau on the designated transfer date?
- Who will be the new director?
- What powers does the Bureau have if there is no director in place?
- What actions are triggered by the designated transfer date?
- Who has been tapped to fill other important positions at the Bureau?
- What is the Bureau's agenda?
- In what areas will the Bureau be most active?
In addition, we will touch on the latest developments in preemption and disclosure statements, as well as consider the areas in which the Bureau is likely to be actively making new rules.
Foley & Lardner LLP will apply for CLE credit after the program, wherever applicable. Foley & Lardner LLP certifies that this activity has been approved for California MCLE credits by the State Bar of California in the amount of one hour General credit. Foley & Lardner LLP is a State Bar of California MCLE approved provider.
For more information, please contact John Vicars at jvicars foley.com or 312.832.5122.