A New Path to Regulatory Relief for Banks, Fintech Firms July 07, 2016 – Law360 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 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. Read the article here.
