Laurie Nelson, General Counsel & Chief Compliance Officer at Autoscribe, is responsible for leading the internal processes for promoting and ensuring Autoscribe’s compliance with laws, regulations, company policies and agreements; compliance risk management; mitigation and recovery efforts; and internal reporting programs. She is also responsible for formulating and implementing Autoscribe’s policies and procedures and making sure they are communicated across the company.
Laurie joined Autoscribe in 2014. Prior to joining Autoscribe, Laurie served as General In-House Attorney of First Southern Bank, where she oversaw regulatory and compliance-related activities, federal audits, outside litigation and investigations and specialty legal functions. She has over 12 years of experience in the financial services and insurance industries, where she has held key legal and compliance positions at companies including Proficio Mortgage Ventures, LLC and Allegro Funding Corp. Laurie holds a Juris Doctorate from Florida Coastal School of Law and Bachelor of Business Administration in Finance and Corporate Investments from East Tennessee State University.
The Consumer Financial Protection Bureau released a bulletin in November clarifying what constitutes consumer authorization for pre-authorized electronic fund transfers. Businesses uncertain about their obligations with respect to Regulation E and the Electronic Funds Transfer Act will want to take note of this development.
Read more
