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OCC Defends Its Fintech Charter Authority At 2nd Circ.

By Philip Rosenstein ( August 13, 2020, 10:43 PM EDT) -- The Office of the Comptroller of the Currency defended its fintech charter before the Second Circuit Thursday, saying a challenge by New York's financial regulator is not ripe given the lack of pending or approved applications and the federal agency's statutory interpretation should be granted deference....

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