Morning Scan: Yellen Open to Higher SIFI Threshold; Has Citi Turned ...
07/17/15
Receiving Wide Coverage ...
Marketplace Lenders in Treasury's Sights: Greater regulation may be coming to the buzz-filled world of marketplace lending. The Treasury Department has begun a study of the industry's risks and advantages, which could lay the groundwork for rules down the line. The New York Times says Treasury's announcement of the study strikes a "largely supportive tone," expressing interest in the industry's potential to expand credit access for underserved demographics. But the Treasury's desire...
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