Consumer Financial Protection Bureau: Impact Explored

Jonathan L. Pompan is Of Counsel in Venable LLP’s Washington, DC office. Mr. Pompan focuses his practice on providing comprehensive legal advice and regulatory advocacy to a broad spectrum of clients, including for-profit companies, and nonprofit organizations and trade and professional associations.

A substantial portion of Mr. Pompan’s work involves advising clients on how to minimize the legal risks related to providing, advertising and marketing financial products and services to consumers under federal and state consumer protection laws, including laws and regulations under the jurisdiction of the Federal Trade Commission (“FTC”) and the federal Consumer Financial Protection Bureau (“CFPB”).

Mr. Pompan also is widely recognized as one of the leading credit counseling and debt services attorneys in the country.

Mr. Pompan can be reached at 202.344.4383 or at jlpompan@venable.com.

Mr. Axelson is a Senior Counsel of Dykema Gossett PLLC’s financial services regulatory and compliance practice, interacting with federal and state banking officials, assisting firm clients on compliance and new product development, and advising financial service providers on both federal and state law, including the Dodd-Frank Wall Street Reform and Consumer Protection Act and its implementing regulations. He is also co-author and co-editor of the recently released Consumer Financial Answer Book 2011, and is the editor of Dykema’s bi-monthly CFPB Alerts.

Mr. Axelson represents a broad range of financial institutions, brokers, lenders, investors and other service providers on consumer financial service and retail banking matters. His primary areas of practice include federal and state regulatory compliance with special emphasis on new product development, secured and unsecured lending, regulatory banking and e-commerce in the financial services industry.

Amy Brachio is a Partner in the Financial Services Office of Ernst & Young LLP. She has more than 15 years of experience serving large, diversified financial services organizations in consumer compliance risk management. Amy has advised clients in a number of product sectors including credit card, mortgage, home equity, auto and small business, and has assisted with mitigating compliance risk across the entire lending life cycle. With a focus on compliance program management and governance, she has helped institutions respond to and comply with consumer protection regulations, including the fair lending laws, Community Reinvestment Act, Home Mortgage Disclosure Act and Credit CARD Act. Amy has authored numerous industry articles and is a frequent guest speaker at industry events, including the Consumer Bankers Association, Mortgage Bankers Association, American Bankers Association and American Bar Association. She is a Certified Public Accountant and holds a Bachelor of Science in Accounting and Master of Accountancy from the University of Alabama. Amy can be reached at amy.brachio@ey.com.