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The rise of 'imitation banks' may lead to regulatory scrutiny

Published: March 3, 2023

Nonbanks that refer to "deposits" and "APY" interest payments are drawing scrutiny from regulators, and some observers say Congress needs to clarify what nonbanks can say about their interest-bearing offerings.

Source: americanbanker.com

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2:00PM Water Cooler 2/20/2023 | naked capitalism

Published: February 20, 2023

Today's Water Cooler

Source: nakedcapitalism.com

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