innovation at the consumer protection bureau, and he headed up the civil litigation division of the arizona attorney general's office. earlier in his career, he was an mna associate at simpson thatcher and securities litigation associate. he graduated from harvard law school and he, too, clerked for judge shedd. before i turn the floor over to our speakers, i'm going to give you the code that you will need in order to claim cle credit. i will do this now and i will try to remember to do it again later in the presentation. if you don't have a pencil handy. the code is fotp579. fotp as in freedom, thought project 579. commissioner carr, the floor is yours. >> thank you, judge for that kind introduction. to join you and the esteemed panel about the vitally important subject. i'm reminded of an editorial board member back in 1970, and you said that diversity of opinion is the life blood of our democracy. and back then, we were coming out after era of group think and there was a deep embrace particularly on the intellectual left and ideas that's why in 1970 the modern day op-ed page launched in

office ofth innovation consumer financial protection bureau headed up civil litigation division of the arizona attorney general office. earlier in his career he was in mna associate after and securities litigation associate graduated from harvard law school worked for judge. before i turn over our speakers, i'mr going to give you the code you will need in order to claim see. i will do this now and try to remember to do it again later in the presentation if you don't have a pencil handy. the code is fo tp 579. freedom of thought project 579. the floor is yours. >> thank you much, judge, for that kind introduction, it is great to join you invest panel to talk about vitally important interests. i'm reminded by your opening remarks to align from the new york times editorial board member back in 1970 is that the diversity of opinion is the lifeblood of our democracy. back then we were coming out of an era of groupthink and there was a deep embrace particularly on the left of diversity of opinions and range of it yes that's why in 1970 modern-day op-ed page launched in the new york times as they wan

in your state, you brought a lawsuit against the company that had an ad in the super bowl when the arizona cardinals were in the super bowl, seen by just about everybody in the state, each viewing of the ad was potentially a violation, you can find each violation, you put that together and have fines that are close to us not over $100 billion and then you come in and say if you buy now you can settle for tens of millions. states do this sort of thing all the thing and it is extraordinarily powerful and extraordinarily effective and i'm surprised it is not being used. departing a little bit but some of you are familiar with the case that came through washington, this woman was selling flowers for this wedding ceremony and was signed by the state and the penalties in that case came because the violation of washington does, nation law is a per state violation and so that is why the penalties were so large. tidying -- a violation of the state consumer to failing to act in good faith, would be a productive path for states to go down. but i think the real concern and productive activity is encou

innovation at the consumer financial protection bureau and headed up the civil litigation division of the arizona attorney general's office. earlier in his career he was an m&a associate at simpson basher and a securities litigation associate at covington burroughs. he graduated from harvard law school and he clerked for judge shedd. four i turned the floor over to our speakers, i'm going to give you the code you will need to claim credit. i will do this now and try to remember to do it again later in the presentation if you do not have a pencil handy. the code isfotp-579. fotp579. commissioner, the floor is yours. >> thank you, judge, for that kind introduction. it is great to join you in this esteemed panel to talk about these important issues. i am reminded by your opening remarks to align from a new york editorial board member in 1970 he said diversity of opinion is the lifeblood of our democracy. we were coming out evan era of groupthink and there was a deep embrace particularly of diversity of opinions and a range of ideas and in 1970 the modern-day op-ed page launched and the near times. t