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Wharton Professor Urges 2nd Circ. To Back Fintech Charter

By Philip Rosenstein (May 1, 2020, 9:49 PM EDT) -- A University of Pennsylvania professor has urged the Second Circuit to reverse a lower court decision blocking the OCC from issuing special national bank charters to fintech companies, saying the regulator would be well within its rights to do so and showing that there is precedent for nondepository institutions receiving national bank charters....

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