LeadsCon: 10 Important Slides From ‘What Lead Generators Need to Know About the CFPB’

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At the LeadsCon Buyers Summit last week in Las Vegas, Jonathan L. Pompan, attorney at law with Venable LLP, gave a presentation titled, “What Lead Generators Need to Know About the Consumer Financial Protection Bureau (CFPB).” The session offered a helpful overview of what the CFPB is, what the organization’s objectives are, where its authority lies and takeaways for those in the business of generating leads.

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Pompan called the CFPB “the new FTC for consumer financial products and services.” He noted that despite its name and stature, the organization actually hasn’t created a single new requirement regarding the products and services it regulates. However, the CFPB “is enforcing all laws that are presently on the books in a manner that hasn’t been seen before.”

Here’s a look at 10 of the most important slides from Pompan’s presentation:

LeadsCon - CFPB - 1

 

LeadsCon - CFPB - 2

 

LeadsCon - CFPB - 3

 

LeadsCon - CFPB - 4

 

LeadsCon - CFPB - 5

 

LeadsCon - CFPB - 6

 

LeadsCon - CFPB - 7

 

LeadsCon - CFPB - 8

 

LeadsCon - CFPB - 9

 

LeadsCon - CFPB - 10

See the full presentation here.

Pompan, a regular contributor to DM Confidential, has written about the CFPB here:

CFPB and FTC Target Mortgage Advertising

What Marketers Need to Know about the CFPB Exam Procedures for Student Lenders

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