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Expert Analysis

A New Path To Regulatory Relief For Banks, Fintech Firms

Law360, New York (July 7, 2016, 11:36 AM EDT) -- Community banks indeed need regulatory relief. Regulators generally agree, but their hands are tied as a decade-long enforcement environment drags on. Meanwhile, financial technology (fintech) firms assert they should not be subject to banking-type regulatory supervision as long as they are not banks or until they partner with banks. Both groups need to be more realistic about what regulatory relief is actually possible....

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