Overview
Teresa Kosmidis focuses her practice on consumer financial services regulation, compliance, enforcement, and litigation. She advises financial institutions, payments companies, FinTechs , and other consumer-facing businesses on complex regulatory and enforcement matters at the federal and state levels.
Teresa brings a rare end-to-end regulatory perspective shaped by her significant experience at the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC), where she worked across rulemaking, supervision, enforcement, and litigation. Having operated on the inside of the US government’s most powerful consumer financial regulators, Teresa understands not only what the law requires, but how regulators think, prioritize, examine, investigate, and enforce.
At the CFPB, Teresa served in senior roles in the Offices of Regulations, Enforcement, and Supervision . She helped formulate and draft federal consumer financial regulations, advised senior leadership on regulatory strategy, and served as a subject matter expert on key statutes and rules, including the Consumer Financial Protection Act of 2010, the Electronic Fund Transfer Act of 1978 and Regulation E, and the Truth in Lending Act of 1968 and Regulation Z. She regularly advised examination teams, led and supported challenging supervisory exams, and addressed novel regulatory issues in coordination with enforcement senior staff.
While she was a lawyer in the FTC’s Bureau of Consumer Protection, Teresa represented the agency in federal court litigation and investigations involving nonbank financial institutions. Her matters included enforcement actions and investigations involving auto finance, payday lending, deceptive marketing and billing practices, and emerging technologies, including Bitcoin-related products. She conducted depositions, managed investigations, and coordinated closely with economists and state regulators.
Earlier in her career, Teresa practiced complex commercial litigation at a New York law firm and clerked for the Honorable E. Thomas Boyle of the US District Court for the Eastern District of New York.
Recognitions
- CFPB, Superior Achievement Award, 2024
- CFPB, Team Achievement Award for Regulatory Guidance, 2024
- FTC, Janet D. Steiger Award, 2024
Credentials
Education
University at Buffalo School of Law, JD, cum laude, 2006
Cornell University, BA, 2003
Courts/Agencies
US District Court for the Eastern District of New York
US District Court for the Southern District of New York
Admissions
District of Columbia
New York
Languages
English
