The Knowledge Congress Has Scheduled a Live Webcast on Avoiding Unfair & Deceptive Marketing Practices for Banks & Credit Unions (UDAP laws)

New York, NY, February 23, 2009 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast on Avoiding Unfair & Deceptive Marketing Practices for Banks & Credit Unions (UDAP laws). This two-hour event is scheduled on Thursday, March 19, 2009, at 3:00 PM to 5:00 PM (ET – New York).

In an effort to protect consumers, some Federal banking agencies are becoming interested in watching for unfair or deceptive acts or practices (UDAP) in the marketing and operation of financial products or services. Although the UDAP law was created for the general marketplace, it might prove to be applicable in the banking and finance industry particularly in the area of interest rates charged to consumers and reasonable periods to settle their balances. Financial institutions should have a solid background in UDAP laws as they may become the framework for monitoring marketing financial products to consumers in the future.

The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to inform the public of ways to avoid unfair and deceptive practices employed by some financial institutions in issuing credit cards. The speakers will present their expert opinions in a two-hour LIVE Webcast.

Speakers/Faculty Panel

Leonard Chanin, Associate Director, Division of Consumer and Community Affairs, Federal Reserve Board
Thomas M. Hefferon, Partner , Goodwin Procter LLP
Paul F. Hancock , Partner, Kirkpatrick & Lockhart Preston Gates Ellis LLP

For updated list of the faculty panel, please visit: http://www.knowledgecongress.org/event_2008_UDAP.html

About The Knowledge Congress

The Knowledge Congress is an organization that produces webcasts that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”

###