Short video featuring Gus Hurwitz
Can price discrimination be good Internet policy? Professor Gus Hurwitz of the Nebraska College of Law explains the arguments for and against regulating the average cost of internet access, and how the economics of price discrimination can be used to increase Internet access. 2016 National Lawyers Convention
The Consumer Financial Protection Bureau (CFPB), in its more than five year existence, has ordered consumer financial service providers to return more than a billion dollars in monetary relief to consumers it believes were victims of practices that it deems unfair, deceptive, abusive, or otherwise violative of its view of regulations and laws. The CFPB has ordered monetary relief for discriminatory lending and proposed regulations that would shutter many low-income lending locations and encourage class actions lawsuits. Proponents of the Bureau point to fines collected and bad practices addressed. Critics assert that Bureau activities actually harm consumers rather than help them. This panel will assess whether the CFPB has been of net benefit or net harm to the people it was created to protect.
This panel was held on November 18, 2016, during the 2016 National Lawyers Convention in Washington, DC.
Financial Services & E-Commerce: Has the Consumer Financial Protection Bureau (CFPB) Helped Consumers?
12:30 p.m. – 2:45 p.m.
- Mr. John A. Allison, Chairman, Executive Advisory Council, Center for Monetary and Financial Alternatives, Cato Institute
- Mr. Leonard N. Chanin, Of Counsel, Morrison & Foerster LLP
- Mr. Deepak Gupta, Founding Principal, Gupta Wessler PLLC
- Prof. Todd J. Zywicki, Foundation Professor of Law and Executive Director, Law & Economics Center, Antonin Scalia School of Law, George Mason University
- Moderator: Hon. Edith Jones, U.S. Court of Appeals, Fifth Circuit
- Introduction: Hon. Wayne A. Abernathy, Executive VP for Financial Institutions Policy and Regulatory Affairs, American Bankers Association
The Mayflower Hotel Short video featuring Marvin Ammori and Ajit Pai
Is net neutrality good for innovation? Ajit Pai, Commissioner at the Federal Communications Commission and Marvin Ammori, General Counsel of Hyperloop One, debate the FCC’s 2015 Open Internet Order and what role the government should have in regulating the Internet. Short video featuring Thaya Brook Knight
Thaya Brook Knight November 10, 2016
Insider trading is a serious crime, yet why is there no statute that explicitly prohibits it? Thaya Brook Knight of the Cato Institute explains how the courts have developed an understanding of Section 10b of the Securities and Exchange Act, implemented by the SEC in Rule 10b-5, to prohibit insider trading—and how that creates uncertainty in criminal law. Short video featuring Chris Walker
Is agency rulemaking a democratic process? Professor Chris Walker of the Ohio State University Moritz College of Law gives an overview of notice-and-comment rulemaking / adjudication and discusses how the American people are involved in these rulemaking processes.