NY Asks 2nd Circ. To Affirm Block On Fintech Charter

By Philip Rosenstein (July 24, 2020, 7:41 PM EDT) -- New York state's top financial regulator has asked the Second Circuit Court of Appeals to affirm a lower court decision blocking the OCC's fintech charter, reiterating the argument that taking deposits is central to the definition of the business of banking under the National Bank Act....

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