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ELFA Announces Webinar on New Disclosure Requirements in CA and NY

Posted 07/13/2022

WASHINGTON, D.C. – As state-level regulations in California have been finalized and pressures to comply mount, the Equipment Leasing and Finance Association (ELFA) will host a second webinar designed to help the equipment finance industry prepare for financial disclosure regulations scheduled to take effect in California and New York. The webinar Operational Preparedness: Are You Ready for the New CA and NY Disclosure Requirements?will take place on July 28, 1-3 p.m. EST.

The webinar will provide attendees with the latest legal, operational and system integration information concerning commercial financing disclosure laws that are slated to take effect on Dec. 9, 2022 in California and what is expected to be shortly thereafter in New York. The webinar will also touch on overlaps and inconsistencies among state regulations that could require redundant, tedious and/or cumbersome investments in technology, software and training to comply with the subtle and material differences between the state laws.

This event will feature an experienced panel and attendees will be invited to ask questions during an interactive Q&A session. Speakers will include:

  • Scott Riehl, Vice President of State Government Relations, ELFA
  • Troy Kepler, Corporate Counsel, Channel
  • Daniel Nelson, CEO, Tamarack Technology, Inc.
  • Moorari Shah, Partner, Sheppard Mullin Richter & Hampton
  • Robert S. Cohen, Partner, Moritt Hock & Hamroff

“As state legislators introduce consumer-like enhanced finance disclosure requirements for commercial transactions, ELFA’s state government relations team is focused on protecting the interests of our members and the equipment finance industry,” said Ralph Petta, ELFA President and CEO. “It is critical for members to be aware of the potential impact of the California and New York regulations on their businesses, and steps they can take to prepare. We encourage members to participate in this important webinar.”

To register, please visit https://register.gotowebinar.com/register/5670043350242320396

Note: This is the second financial disclosure webinar from ELFA. A recording and slide deck from the first webinar held on Dec. 15, 2021, “ELFA State Advocacy New Year’s Resolutions: Prepare for Commercial Financing Disclosure Laws in New York and California,” are available at https://www.elfaonline.org/events/elearning/web-seminars/.

About ELFA

The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the nearly $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. ELFA has been equipping business for success for more than 60 years. For more information, please visit www.elfaonline.org.

 

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Amy Vogt
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ELFA
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