financial lawState attorneys general have become increasingly involved in consumer financial services investigations and enforcement, a trend that is expected to continue into the next presidential administration. Whether involving a single state attorney general or multiple attorneys general, investigations and litigation can lead to high costs, administrative burdens, distractions, and reputation damage. Often there may be parallel investigations by federal agencies, and risks and exposure from private litigation.

On Friday, December 9, 2016 at 3 – 4 pm ET, lawyers from Venable will present a webinar (with CLE*) on the “Present and Future Role of State Attorneys General in Consumer Financial Services Regulation and Enforcement.”

Our panel of a former U.S. Senator and Arkansas State Attorney General, a former Chief Deputy Attorney General of Alabama, a former CFPB Enforcement Attorney, and other seasoned attorneys will share their experiences from the front lines of defending clients against investigations and litigation brought by state attorneys general.

Among other things, the panel will address:

  • The types of laws and regulations enforced by state attorneys general;
  • The role of consumer complaints and other factors that influence investigation priorities;
  • What to expect during individual, multistate, and federal co-investigations and litigation, including negotiating the scope of the inquiry, the settlement process, and litigation considerations;
  • How state attorneys general exchange information and coordinate with state regulators and federal agencies (e.g., CFPB, FTC, banking agencies);
  • Ways to minimize enforcement overreach, including education efforts, voluntary industry self-regulation initiatives, and how to respond to inquiries.

If you’re advertising and marketing consumer financial products or services, you won’t want to miss this webinar. For additional information and to register click here. Next week a copy of the webinar slides and recording will be available here.


Mark L. Pryor, Esq., Venable LLP
Kevin L. Turner, Esq., Venable LLP
Allyson B. Baker, Esq., Venable LLP
Jonathan L. Pompan, Esq., Venable LLP
Meredith L. Boylan, Esq., Venable LLP
Alexandra Megaris, Esq., Venable LLP

*This activity has been approved for Minimum Continuing Legal Education credit by the State Bar of California in the amount of 1.0 hour, of which 1.0 hour applies to the general credit requirement, and by the State Bar of New York in the amount of 1.0 credit hour, of which 1.0 credit hour can be applied toward the Areas of Professional Practice requirement. Venable certifies this activity conforms to the standards for approved education activities prescribed by the rules and regulations of the State Bar of California and State Bar of New York, which govern minimum continuing legal education. Venable is a State Bar of California and State Bar of New York approved MCLE provider.

P.S. A recording of the webinar is now available.