Fintech Lawyers on State Regulators’ Possible Alternative to OCC Charter Plan

Time 1 Minute Read
May 16, 2017
News

Partner Jarett Hale speaks to Corporate Counsel about the latest pushback that the Office of the Comptroller of the Currency is receiving on its proposed charter allowing fintech companies to become special purpose banks. While there is still much to be sorted out, lawyers who work for and with fintechs are encouraged that the state regulators are at least thinking about the changes. Hale states, “If the OCC’s proposed charter – whether it goes through or not – stimulated this type of thought, it has proven to be a significant improvement over where we were. It has gotten people thinking…about how this industry really works.”

Read, Fintech Lawyers on State Regulators’ Possible Alternative to OCC Charter Plan, Corporate Counsel, May 16, 2017.

Related People

Related Services

Media Contact

Lisa Franz
Director of Public Relations

Jeremy Heallen
Public Relations Senior Manager
mediarelations@HuntonAK.com

.

Jump to Page