Jeff Langer is counsel to the finance and restructuring groups at Faegre Baker Daniels. He is a nationally recognized authority on legal matters related to consumer financial services, banking regulation and the privacy and security of financial data. Jeff draws from more than 30 years of experience — including serving as a public policy leader, as senior in-house counsel for a national retailer, and as a founding partner of a boutique consumer financial services and banking firm — to advise clients on the legal and regulatory issues affecting the consumer financial services sector.
An assistant director of the Consumer Financial Protection Bureau (CFPB) from 2014 to 2016, Jeff worked in conjunction with trade associations, industry representatives, consumer advocates and other state and federal agencies to identify and address consumer protection priorities, with a particular emphasis on auto, student, marketplace and other installment lending markets, as well as debt collection markets. His hands-on experience with the CFPB is an asset for clients seeking to ensure they are complying with applicable federal, state and local consumer financial laws. Jeff routinely establishes compliance management programs for nationwide, multi-state or statewide consumer lending and prepaid card and other payment product or system operations, and also serves as a liaison between clients and regulators through meetings, position papers, and other efforts to influence regulatory proposals to advance client interests.
As senior counsel for a major retailer, Jeff worked alongside clients to establish business objectives and compliance management programs for bank credit card and gift/prepaid card operations. He was also responsible for overseeing debt collection; fair lending; credit reporting disputes and fraud; electronic fund transfers; financial privacy and data security; bank and holding company regulation and governance; anti-money laundering; loyalty and cause marketing; and debt cancellation matters. In addition, he provided substantive and strategic guidance on consumer finance litigation to in-house litigators.
Jeff is a frequent speaker and author on consumer financial services law and policy issues.