Leonard Chanin is a recognized expert in the field of consumer financial protection with
extensive experience in regulation and supervision of the myriad statutes affecting retail
banking, Mr. Chanin counsels financial institutions on consumer financial services law issues.
Mr. Chanin regularly advises clients on issues relating to the Truth in Lending Act,
Electronic Fund Transfer Act, Fair Credit Reporting Act, Truth in Savings Act and
Equal Credit Opportunity Act.
Before rejoining Morrison & Foerster, Mr. Chanin served as the Assistant Director
of the Office of Regulations of the Consumer Financial Protection Bureau. There, he
headed the agency’s rulemaking team by supervising nearly 40 lawyers responsible
for promulgating rules and regulations implementing consumer financial protection
legislation. He also provided legal opinions to Bureau supervisory and enforcement
offices on federal consumer financial protection laws.
Prior to joining the CFPB, Mr. Chanin served as Deputy Director of the Division of
Consumer and Community Affairs at the Federal Reserve Board. During his tenure at
the Federal Reserve Board, Mr. Chanin provided legal opinions and policy
recommendations to the Board and the Division on federal consumer financial
services laws, negotiated rules and policies with the other federal banking
agencies and provided legal views on enforcement actions against state member banks.