Vincent Basulto discusses OCC Fintech Charter speech with Crowdfund Insider

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July 20, 2017

Keith Noreika, the acting Comptroller of the Currency, recently jumped into one of the hottest debates the Office of the Comptroller of the Currency (OCC) has endured in years. Noreika expressed his support on the concept of creating a national Fintech Charter to allow nascent financial services the chance to operate at a national level without having to gain approval of 50 states. 

In the article, "Vincent Basulto Provides Perspective on OCC Fintech Charter Speech by Comptroller Keith Noreika" published in Crowdfund Insider, RK&O partner Vincent Basulto provided feedback on Noreika's speech, "Noreika does leave open the possibility that the OCC may at some point step back, with his remarks that the OCC continues to evaluate various options and has not yet determined whether it will proceed with a separate charter.” 

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