Monday, December 23, 2019

OCC appeals NY federal district court final judgment in NYDFS lawsuit challenging fintech charter

The OCC has appealed to the Second Circuit from the district court's final judgment entered in October 2019 in the lawsuit filed by the New York Department of Financial Services seeking to block the OCC's issuance of special purpose national bank (SPNB) charters to fintech companies.  In the final judgment, the district court denied the... Continue Reading…...(read more)
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