Oral Arguments Held in Challenge to OCC’s Fintech Charter
By EsqSocial Corporation 25/03/21
On March 9, 2021, the Second Circuit heard oral arguments in connection with the New York Department of Financial Services’ (“DFS”) challenge to block the Office of Comptroller of the Currency’s (“OCC”) special purpose national bank charter (“fintech charter”). The lawsuit was filed in the Southern District of New York in September of 2018, shortly after the OCC made available its special purpose bank charter....
By: McGuireWoods LLP