FORT LEE, N.J.--(BUSINESS WIRE)--The Online Lenders Policy Institute today announced the speakers and agenda for the first annual Marketplace Lending Policy Summit, scheduled for September 13th at the Marriott Marquis in Washington DC. Additional information and registration information for the event is available at http://mplsummit.org.
The MPL Summit seeks to create an opportunity for industry participants to share insights, propose standards and provide regulators and policymakers with consensus viewpoints on the regulation of marketplace lending. The MPL Summit will feature an exceptional group of policymakers, academics, regulators, consumer advocates, and leading businesses and industry experts. The Summit will include keynotes from two policy leaders:
- Thomas J. Curry, Comptroller of the Currency. Mr. Curry has advocated the need to embrace innovation while ensuring that new products and services do not present undue risk to the financial system, will discuss how regulators and industry can work together on “responsible innovation” and with principles for governing the rapidly growing financial-technology sector.
- Congressman Patrick McHenry, (R, NC-10th), House Financial Services Committee. Representative McHenry has worked for the removal of obstacles to growth and innovation by removing hurdles that impair “main street” entrepreneurs and has advocated a new framework to encourage growth in Fintech and online investing, such as crowdfunding and angel investing.
The MPL Summit is presented through a unique partnership between the Center for Finance, Law & Policy, at Boston University and Cross River Bank. This partnership will help facilitate an open and constructive dialogue between the public and private sectors, and act as a catalyst for the Online Lenders Policy Institute—which will be focused on presenting reasonable solutions to meet the goal of responsible innovation.
About the Online Lenders Policy Institute
The Online Lenders Policy Institute’s mission is to ensure consumers continue to benefit from the lower cost of credit and increased, convenient access to capital provided by marketplace lending while supporting consumer protections and a strong financial system. The institute will work towards that mission by engaging policy makers and industry stakeholders in the creation of forward-thinking public policy and is the hosting the MPL Summit. For additional information visit http://mplsummit.org