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Dan Hartman Discusses FDIC Policy Changes in American Banker
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Dan Hartman, an of counsel in Nutter’s Corporate Department and a member of the firm’s Banking and Financial Services group, weighed in on new policies at the Federal Deposit Insurance Corp. (FDIC) in American Banker. In the article, “FDIC upheaval offers crypto opportunity, bank uncertainty,” Dan stated that changes in both crypto and reputational-risk policies are "a clear indication" that the FDIC is keen to grant banks more freedom.
"The FDIC is going to basically allow banks to pursue the transactions and activities that are best for them, as long as they are consistent with safety and soundness, consumer protection, and anti-money-laundering laws," Dan said.
