Master the legal framework and practical strategies to protect consumers and ensure your financial services comply with UDAAP regulations.
This course, "Consumer Protection & UDAAP Laws: What You Need To Know," will equip you with the knowledge and tools to navigate the complex world of consumer protection laws. You'll learn about the UDAAP (Unfair, Deceptive, or Abusive Acts or Practices) rule, its scope, and its implications for financial institutions. Discover how the Consumer Financial Protection Bureau (CFPB) enforces these laws and the potential consequences for non-compliance.
We'll explore the three key prongs of the UDAAP rule: unfair, deceptive, and abusive practices, and how they apply to a wide range of financial products and services. You'll learn to identify red flags and mitigate risks in client selection, assess client risk profiles, and understand the importance of thorough due diligence.
This course will cover:
By the end of this course, you'll have a comprehensive understanding of UDAAP regulations, best practices for compliance, and strategies for mitigating risk. You'll be well-equipped to navigate the complexities of the financial services industry and protect both consumers and your organization.
6 activities • 20 videos • duration: 1h 21m
Empowering Legal Professionals, One Hour at a Time
CLE for Me provides innovative, accessible, and engaging Continuing Legal Education designed to meet the needs of today’s busy legal professionals. With a focus on practical insights, emerging trends, and compliance requirements, we deliver courses that are as impactful as they are convenient. Our expert-led programs empower attorneys to stay informed, enhance their skills, and excel in their practice—all at their own pace.
Licensed New York Attorney
Licensed in New York and currently based in Illinois. She is in her fifth year as a corporate attorney and has experience working in law firms and in-house settings. Her focus includes corporate law, including entity formation, equity issuance, and a focus on equity and debt financings as well as merger and acquisition transactions. She also has experience in commercial agreements and privacy and data security law.
Professional development requirements vary by profession, country, and regulatory body. Before enrolling, review the course details and confirm that the content, learning format, and any listed credits meet your specific requirements. You are responsible for confirming eligibility with your regulator or professional association and keeping the records required for reporting.
