State regulators

State regulators go for broke in suit against OCC

04/27/17

The Conference of State Bank Supervisors has sued the OCC before the agency has finalized the requirements for a fintech charter, fueling speculation state regulators are trying to delay deployment or scare away potential applicants.

[more]

State regulators harmonize quarterly reporting for MSBs

04/18/17

The Conference of State Bank Supervisors announced a raft of measures Tuesday designed to simplify multistate licensing and regulatory oversight for fintechs and other companies registered as money-services businesses.

[more]

Online lenders spooked by Colorado's tough stance on interest rates

04/05/17

Digital lenders have been partnering with banks to get around state-by-state usury caps, but that approach is facing tougher scrutiny.

[more]

State regulators’ dialogue with fintechs is a hopeful sign

03/30/17

An improved state-level system could be a tremendous advantage. Working closely with a cooperative regulator, innovators large and small can rapidly test a concept within state lines.

[more]

N.Y. deal could allow Ocwen to purchase MSRs again

03/28/17

Ocwen Financial is a step closer to the day when it can resume purchases of mortgage servicing rights.

[more]

State regulator to fintechs: We hear you

03/27/17

We need continue the dialogue between state regulators and fintech firms on a broad range of important issues impacting this growing industry.

[more]

Deutsche Bank said to face regulatory fines over currency trades

03/21/17

The German lender says that the Justice Department closed a criminal inquiry into its currency-trading activities without action, but regulators are said to be in the final stages of their own reviews of that conduct to determine if any fines are in order.

[more]

Senators to Sessions: Leave pot enforcement up to states

03/02/17

Eleven senators sent a letter to Attorney General Jeff Sessions asking him not to enforce federal pot laws in states that have legalized marijuana.

[more]