Join us for our Annual Banking and Financial Services Seminar 

Join us on December 12, 2024 for our annual CLE-qualifying Financial Services Seminar at the Kutak Rock Omaha Office - The Omaha Building - 1650 Farnam Street, Omaha, NE 68102.

If you are not located near the Omaha office we offer a Zoom participation.
Click here to register for Zoom >>

Kutak Rock lawyers Vicki Buter, Bryan Handlos, Jeff Makovicka, Jon Breyer, Lisa Sarver, Ed Fox, Rachel Geelan, Gabbie Kim, Ana-Maria Bruneteau, and Collin Elliot will explore some of the specific areas of legal and regulatory uncertainty facing financial services professionals in the coming months and beyond.

Full agenda below.

Key topics include:

• Election impacts in DC
• The demise of the Chevron rule and the impact of SEC v. Jarkesy
• AI’s Impact on Privacy
• Potential Credit Card Changes 
• FDIC attention to brokered deposits rules, deposit insurance rules and fintechs in the deposit arena
• New rules for open banking
• A brief CTA update
• Broker/advisor topics

Seeking CLE credit in Arkansas, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska

Agenda

9:00 AM – 9:45 AM | Jon Breyer | AI Impacts on Privacy 
Jon will discuss how AI has and may impact privacy in the financial services sector.

9:45 AM – 10:00 AM | Lisa Sarver | CTA for the Banking Industry
Lisa will address how the Corporate Transparency Act applies to banking organizations, including non-bank subsidiaries and affiliates. 

10:00 AM – 11:00 AM | Vicki Buter and Rachel Geelan | The Demise of Chevron, the Impact of Jarkesy, and Other Significant Decisions
Vicki and Rachel will discuss the Jarkesy and Loper Bright decisions and their impact on the deference given to federal agencies to interpret the laws and regulations they administer, and impacts of these decisions at the state level.

11:00 AM – 12:15 PM | Bryan Handlos, Jeff Makovicka, Gabbie Kim, Ana-Maria Bruneteau, and Collin Elliot
$8.00 Late Fees? Gabbie will provide an overview of the new CFPB rule governing late fees for consumer credit card payments.
The Credit Card Competition Act:  Ana will discuss the Credit Card Competition Act and its proposed expansion of the Durbin Amendment.
The Open Banking Rule (1033 Rule): Collin will address the CFPB’s recently-finalized rule to implement Section 1033 of the Consumer Financial Protection Act of 2010 pertaining to electronic access to personal financial data.
National Bank Preemption vs. State Debanking Laws: Bryan will discuss potential developments in the intersection of bank federal preemption and state “debanking” laws.
Election Impacts on Bank Regulation:  In the ever-evolving landscape of US bank regulation, the incoming Trump administration and new Congress is poised to shake things up. Jeff will highlight initial key takeaways from the last election.

12:15 PM – 12:30 PM | BREAK/LUNCH SERVED

12:30 PM – 1:30 PM | Bryan Handlos and Jeff Makovicka
Brokered Deposit Rules: Bryan will provide an overview of the new FDIC rule that would amend the agency’s existing brokered deposits rules.
FDIC Rule Changes/Synapse: Jeff will discuss the FDIC proposed rule on custodial deposit accounts in the wake of the Synapse bankruptcy.

1:30 PM – 2:30 PM | Vicki Buter and Edward Fox | Ethical Considerations 2024
Ethical concerns surrounding the use of Generative AI and deep fakes, and other recent developments.