Susan Seaman will present, "Hitting an Inflection Point? Using Licensing Laws to Challenge the Bank Lending Model," at the Fall Consumer Financial Services Conference at SMU Dedman School of Law on Thursday, November 2, 2023.
In light of an ever-changing regulatory landscape, nonbank partners need to carefully consider: Broader state licensing requirements; States’ codification of “true lender” tests; and State opt out to federal interest rate preemption by statechartered banks. In this presentation, we will discuss recent statutory and regulatory measures aimed at further regulating partnerships, touch on “regulation by enforcement” by state regulators, and provide practical advice and examples of state actions changing the regulatory landscape for nonbank partners.
For more information, visit the conference website.