Episode 13: Advertisers Beware – A Discussion With Bryan Schneider About the Reenergized CFPB’s Enforcement Priorities - a podcast by Manatt, Phelps & Phillips, LLP

from 2021-10-28T16:45:36

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In this episode of Perfect Balance: An Advertising Law Podcast, host Po Yi is joined by new Manatt Financial Services partner Bryan Schneider, who recently arrived at Manatt after serving two years as Associate Director for the Division of Supervision, Enforcement and Fair Lending at the CFPB.


Po and Bryan discuss some important regulatory considerations for advertisers in the financial services space, including:


  • Anticipated enforcement priorities for the CFPB, and how Director Chopra’s former position as a Federal Trade Commissioner may factor in these priorities

  • The increasing focus of the CFPB to support racial equity and inclusion across the financial services marketplace

  • Marketing to vulnerable populations, such as the elderly and students

  • Artificial intelligence (AI) and machine learning’s impact on loan origination decisions

  • Best practices to mitigate risk and penalties in this new era of the CFPB

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