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The OCC Fintech Charter’s Positive Market Influence
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The OCC Fintech Charter’s Positive Market Influence

The OCC Fintech Charter’s Positive Market Influence

Fintech Nexus Staff·
FintechNews Roundup
·Feb. 21, 2017·1 min read

Bob Kerrey highlights positive factors resulting from an OCC fintech charter in an American Banker opinion editorial; notes the regulatory perspective of both democrats and republicans; says the charter will lower prices and result in better products while also promoting competition; Kerrey also suggests a continuation of state and attorney general enforcement of civil and criminal laws against fraud and unfair and deceptive practices which would ensure the charter does not allow businesses to escape set standards.  Source

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