New York, NY, May 14, 2015 –(PR.com)– The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Dowse B. “Brad” Rustin IV, Partner, Nelson Mullins Riley & Scarborough, LLP will speak at the Knowledge Group’s webcast entitled: “Upcoming Banking Regulations: The Importance of Compliance in 2015.” This event is scheduled for May 19, 2015 from 10:00 am – 12:00 pm (ET).
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About Dowse B. “Brad” Rustin IV
Dowse B. (“Brad”) Rustin IV is a partner with the law firm of Nelson Mullins Riley & Scarborough, LLP, practicing in the firm’s Greenville, South Carolina office. Mr. Rustin practices in the areas bankruptcy, business litigation, class action defense, consumer financial services litigation, and financial regulation. He represents defendants and plaintiffs in litigation involving financial disputes; creditors in bankruptcy and insolvency proceedings; financial regulatory compliance and litigation; and commercial and special asset collection litigation, foreclosure, and receivership. Mr. Rustin frequently writes and speaks on financial services regulations, operational compliance, and non-traditional lending. Mr. Rustin earned his J.D. degree, magna cum laude, from the University of South Carolina School of Law where he was the recipient of the Compleat Lawyer award for his graduating class. He is a member of the Greenville County Bar, American Bankruptcy Institute, American Bar Association, and the South Carolina Bar. Mr. Rustin is an adjunct professor with Furman University, where he works with the award-winning mock trial program.
About Nelson Mullins Riley & Scarborough, LLP
Nelson Mullins Riley & Scarborough LLP offers the strength and resources of attorneys and professional staff experienced in a range of services. We provide advice and counsel in litigation, corporate, economic development, securities, finance, intellectual property, government relations, regulatory, and other needs of clients ranging from private individuals to large businesses, including many publicly held companies. Established in 1897, Nelson Mullins has more than 500 attorneys and other professionals with offices in the District of Columbia, Florida, Georgia, Massachusetts, North Carolina, South Carolina, Tennessee, and West Virginia. For more information on the Firm, go to www.nelsonmullins.com.
In 2015, compliance will be the main focus for banks. The Consumer Financial Protection Bureau (CFPB) and other banking regulators will attend to deceptive marketing, debt traps, dead ends, and discrimination. With increasing data breaches in retail markets, payment system protection will be enhanced for mobile banking and other emerging technologies. The CFPB will continue to focus on the Home Mortgage Database (HMDA) proposed rule, overdraft, debt collection, pay-day lending, and arbitration. Vendor management also will be important due to data breaches, systems implementation, and fair lending issues.
TILA/RESPA integrated disclosure implementation will not be ready by the August 2015 deadline; thereby leading to additional regulatory risks and problems for banking institutions. The addition of commercial loans and HELOCs will create an immense problem in the Banking industry. Also impending is the Dodd-Frank-mandated small business data collection process.
Hence, it is critically important that banking officials, compliance and regulatory officers, and their counsel be anticipatory and develop strong compliance strategies. Otherwise they face failing to note, understand, or to act upon important, up-coming regulatory changes; thereby facing severe consequences.
In this two-hour live webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will discuss the important Up-coming Banking Regulations and The Importance of Compliance in 2015. The panel of speakers also will provide advice regarding compliance and litigation avoidance strategies for banking institution officials.
Key topics include:
Consumer Financial Protection Bureau (CFPB) and Banking
Up-coming Regulatory Changes and Consequences
Home Mortgage Database (HMDA)
TILA/RESPA Integrated Disclosure
Commercial Loans and HELOCs
Dodd-Frank and Small Business Data Collection
Over-draft, Debt Collection, Pay-day Lending, and Arbitration
Deceptive Marketing, Debt Traps, and Discrimination
Mobile Banking Regulation
Vendor Management and Banking
Compliance and Litigation Risks
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
Therese Lumbao, Director
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