https://www.csbs.org/csbs-pursue-litigation-against-occ

Washington, D.C. -- State financial regulators will renew their litigation efforts against the Comptroller of the Currency (OCC). The issue: the OCC’s recent decision to create a special purpose charter for financial technology firms.

At its August 28 meeting, the Board of Directors of the Conference of State Bank Supervisors (CSBS) approved moving forward with litigation against the OCC. The case will be filed at a time deemed appropriate.