David Stein advises clients on consumer financial services, credit reporting, financial privacy, retail payments, and e-commerce issues. He assists banks, non-bank lenders, consumer reporting agencies, payments and technology companies, and their vendors with regulatory, compliance, enforcement, and transactional matters. He also advises trade associations on regulator matters.
Mr. Stein previously served in senior regulatory and policy-making positions at the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board (FRB) for more than a decade. He draws upon this experience in representing clients before the CFPB, the FRB, and other regulatory agencies.
Mr. Stein has extensive experience with the federal regulatory framework governing credit reporting, privacy, retail and emerging payments systems, consumer credit, fair lending, unfair, deceptive, or abusive acts or practices, deposit accounts, and mortgage origination and servicing. During his government service, Mr. Stein played a significant role in developing regulations and policy in the areas of credit reporting and financial privacy, retail payments systems and debit interchange, consumer credit, fair lending, deposit accounts, and mortgage origination and servicing. Mr. Stein leverages his insights into the regulatory process to deliver practical advice clients use to make sound strategic, business, and compliance decisions.