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February 17, 2022
In a victory for fintechs and the banks that partner with them, the U.S. District Court for the Northern District of California recently turned back two challenges by a consortium of...
February 16, 2022
More than six years after it was decided, the practical consequences of the US Court of Appeals for the Second Circuit's Madden v. Midland Funding, LLC decision continue to diminish.
February 16, 2022
Delivering a significant win for the financial services industry, a California federal judge upheld "valid when made" rules promulgated by the Office of the Comptroller of the Currency (OCC)...
February 16, 2022
A federal district judge rejected states' challenge to the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) rules that the permissible...
February 14, 2022
<p><span>Acting Comptroller of the Currency Michael J. Hsu today discussed the history of the Community Reinvestment Act (CRA) with the National Community Reinvestment Coalition. His remarks highlighted how a modernized CRA can help address persistent disparities and gaps in wealth and economic opportunities in minority, rural, and other vulnerable communities.</span></p>
February 11, 2022
A California federal district court judge has rejected challenges to the OCCโs and FDICโs Madden-fix rules brought in two separate lawsuits by state attorneys general. The OCC rule is...
February 11, 2022
On February 8, the U.S. District Court for the Northern District of California ruled against three states – California, Illinois, and New York – challenging the OCC's rule on the "valid when made" doctrine.
February 11, 2022
More than six years after it was decided, the practical consequences of the US Court of Appeals for the Second Circuitโs Madden v. Midland Funding, LLC decision continue to diminish....
February 11, 2022
In This Issue. The U.S. Securities and Exchange Commission (SEC) proposed changes to private fund regulation; the Office of the Comptroller of the Currency (OCC) succeeded in validating...
February 10, 2022
The District Court for the Northern District of California ruled against three states โ California, Illinois, and New York โ challenging the OCCโs rule on the valid when made doctrine.ย The states contended that the issuance of the rule violated the APA, amongst other things.