CFPB Schedules Behavioral Economics and Law Symposium

The CFPB announced that it will hold a symposium on behavioral law and economics September 19 at 9:00am. This is the second session in a series meant to explore consumer protections in "today's dynamic financial services marketplace."

CFPB Director Kathy Kraninger and Deputy Director Brian Johnson will both make remarks during the event. The symposium will also feature two panels: one focused on the methodological foundations of behavioral economics and another discussing behavioral law and economics related to consumer financial protection.

Registration for those interested in attending in person is available here. The event will also be livestreamed online via a link to open at 8:45am that morning.

Held in June, the first symposium focused on the "abusive" section of the unfair, deceptive or abusive acts or practices (UDAAP) provision. That symposium was archived and is available for viewing here.  

In addition to UDAAP and behavior law and economics, other topics the series will cover include:

  • small business loan data collection;
  • disparate impact and the Equal Credit Opportunity Act;
  • cost-benefit analysis; and
  • consumer authorized financial data sharing.