Partner Joseph D. Simon to Speak at the Upcoming New York Bankers Association’s Conference in Saratoga SpringsAugust 21, 2023
Joseph D. Simon, a partner in the Banking and Financial Services Department, will be presenting at the New York Bankers Association's The Business of Banking Conference. Mr. Simon's session is titled, "CFPB Small Business Lending Rule: A Review of the Data Collection and Reporting Requirements and a Status Update on the Legal Challenges to the Rule" and will take place on Wednesday, September 20th at 1:30 pm.
This session will provide a review of the new CFPB regulation requiring covered financial institutions to collect and report data on covered small business loan applications. There will be a discussion of the types of applications covered, what data must be collected, and the tiered compliance dates set forth in the regulation. There will also be an up-to-the minute status update on the legal challenges to the regulation, as well as a brief discussion of the similar data collection requirements for New York State chartered banks under Part 76 of the regulations of the Department of Financial Services.
To Learn More about the Conference: Click Here
About Cullen and Dykman’s Banking and Financial Services Department
Banking and financial services are at the core of our firm’s practice. Our lawyers represent a variety of financial services companies, ranging from national and regional financial powerhouses to local credit unions and community banks. With a team of highly experienced lawyers and a comprehensive suite of expert practice areas, we serve these clients in virtually every way possible.
About Cullen and Dykman
Cullen and Dykman (www.cullenllp.com) has been providing legal services to institutional clients since 1850. The firm represents a wide range of clients, including banks and other financial institutions, energy, telecommunications and water companies, construction companies, insurers, educational institutions, religious organizations, and not-for-profits. With over 170 attorneys in seven offices located throughout the Northeast and MidAtlantic regions, Cullen and Dykman is strategically positioned to meet the changing needs and demands of our clients.