Photo of Keith J. Barnett

Keith’s experience representing clients in the financial services industry as a litigation, compliance, regulatory, investigations (internal and regulatory), and enforcement attorney spans 20 years. Keith represents clients against government regulators (CFPB, FTC, SEC, CFTC), industry regulators (FINRA), and private litigants in federal courts, state courts, and before arbitration and administrative law panels in the financial services industry.

We are pleased to announce that Troutman Sanders partner Keith Barnett will be a featured speaker during a live webinar entitled “Best Practices for Banks in Third-Party Payment Processing” on Thursday, June 9 at 2:00 p.m. EDT.

Banks with third-party payment processor (TPPP) customers have received a great deal of regulatory scrutiny over the past

On May 4, the Federal Trade Commission announced that it had reached a settlement with Very Incognito Technologies, Inc., d/b/a Vipvape, a hand-held vaporizer manufacturer.  The settlement resulted from the FTC’s allegations that Vipvape violated the FTC Act by representing on its website that it was a participant in the Asia-Pacific Economic Cooperation Cross-Border Privacy

On May 3, the Federal Trade Commission announced that it had executed a stipulated judgment with over a dozen entities that market and sell green coffee bean extract weight-loss supplements, male enhancement products, and skin care products, and their affiliated payment processors arising out FTC allegations of wrongdoing.  The allegations include that the

On May 5, 2016, the CFPB announced proposed rules that would further restrict the ability of financial institutions to enter into mandatory arbitration clauses with consumers, including an outright ban on provisions that would prohibit consumers from pursuing class actions in court. The proposed rules do not forbid all mandatory arbitration clauses, however. Financial institutions

We are pleased to announce that Troutman Sanders partners Keith Barnett and Ashley Taylor will be featured speakers at the 2016 Third Party Payment Processors Association (“TPPPA”) Annual Conference taking place June 14-16 at the Bank of America Plaza in Atlanta.  Keith and Ashley will participate in a panel to address the current legal landscape

We are proud to announce that Troutman Sanders partner Keith Barnett will be a featured speaker at the upcoming ACI Blockchain & Distributed Ledger Technology Conference at the Carlton Hotel in New York City on April 13-14. 

Building on the Prepaid Card Compliance and Emerging Payment Systems conferences, and in response to demand

We are pleased to announce that Troutman Sanders partner Keith Barnett will participate in a webinar entitled “Third Party Payment Processors Series: Chief Compliance Officer Responsibilities” on Friday, March 4, at 2:00 p.m. EST.  Join the panelists for this complimentary webinar offered by Kirkpatrick Price and the Third Party Payment Processors Association (TPPPA).  The discussion

We are pleased to announce that Troutman Sanders partner Keith Barnett will be a featured speaker during a live webinar entitled “UDAAP and Third Party Payment Processors” on Monday, March 7 from 12:00 noon to 1:00 p.m. EST.  

In its enforcement actions, the Consumer Financial Protection Bureau has expanded the scope of what

We are pleased to announce that Troutman Sanders partners Keith Barnett and Stephen Piepgrass will participate in a webinar entitled “The Telemarketing Sales Rules and Third Party Payment Processors” on Tuesday, January 26 at 12:00 noon EST. 

The Federal Trade Commission and Consumer Financial Protection Bureau have initiated many investigations and enforcement actions against

In late December, the Federal Trade Commission and Florida Attorney General filed an amended complaint in an action pending in the United States District Court for the Middle District of Florida that charged nine defendants with violations of the Federal Trade Commission Act, the Telemarketing and Consumer Fraud and Abuse Prevention Act (“Telemarketing Act”), the