Join attorneys from WilmerHale’s Consumer Protection Defense and Compliance team for a discussion of the Biden Administration’s crackdown on "so-called" junk fees, in particular through efforts by the CFPB and the FTC. The panelists will address enforcement actions, proposed rulemakings and the agencies’ use of the “bully pulpit” to effect change, among other aspects of this quickly evolving initiative.
Panelists Frank Gorman, partner and former acting deputy director of the FTC’s Bureau of Consumer Protection, and John Wells, partner and former deputy enforcement director of the CFPB, will be joined by moderator Franca Harris Gutierrez, partner and chair of the firm’s Financial Institutions Practice, and will discuss the following topics:
- CFPB and FTC enforcement actions;
- The intersection of “dark patterns” and junk fees;
- CFPB request for comment and guidance;
- FTC proposed rule on junk fees;
- Practical limitations on the power to regulate junk fees without Congressional action; and
- What does this mean for marketing?
This webinar will be of interest to in-house counsel and compliance professionals at financial institutions, advertisers, online retailers and public companies across all industries as we explore the broad potential scope of this initiative.
During the webinar, participants will have the opportunity to contribute questions online. CLE credit will be provided.