Glen Hisani

Venable LLP

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Fintechs, Novel Charters, and Fed Master Accounts - Of Elephants and Mouseholes

A U.S. District Court recently rejected arguments that banks and institutions with novel charters have a statutory right to obtain a Federal Reserve master account. Master accounts let institutions access key parts of the...more

4/25/2024  /  Administrative Procedure Act , Banking Sector , Depository Institutions , Federal Reserve , Financial Institutions , Financial Services Industry , FinTech , NDAA
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