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Attorneys General Push Against OCC’s Attempts to Codify “Valid When Made” Rule

By Rick Fischer, Obrea Poindexter, Sean Ruff & Elyse Moyer on January 30, 2020
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On January 21, 2020, twenty-two State Attorneys General and the Hawaii Office of Consumer Protection submitted a comment letter to the Office of the Comptroller of the Currency in opposition to its proposed rulemaking to resolve the “confusion” stemming from the Second Circuit’s 2015 decision in Madden v. Midland Funding LLC.

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  • Posted in:
    Banking, Finance and Securities
  • Blog:
    MoFo ReEnforcement: The Enforcement Blog
  • Organization:
    Morrison & Foerster LLP

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