Innovation: Opening the Door for Regulatory Engagement

This article was co-authored by Joann Needleman and Tommy Brooks. It first appeared as a ClarkHill alert and is republished with permission.

Since Donald Trump took office the hot topic has been “deregulation”. However, contradicting this ideal are efforts by financial regulators to incorporate the use of financial technology by financial institutions and fintech entities in order to provide innovative products and services to businesses and consumers. In order to achieve these initiatives, the agencies are taking a new and more welcoming approach.  

The Bureau’s Office of Innovation

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