More Fintechs to Seek ‘Gold Standard’ National Bank Charter Amid Regulatory Thaw
Gregory J. Rubis, counsel with Troutman Pepper, was quoted in the August 3, 2020 S&P Global Market Intelligence article, “ More Fintechs to Seek ‘Gold Standard’ National Bank Charter Amid Regulatory Thaw.”
But the national bank charter is the "gold standard," said Gregory Rubis, a banking lawyer with Troutman Pepper Hamilton Sanders LLP.
"When you're dealing with a national bank that's regulated by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp., the Federal Reserve Board — you know you're not getting a fly-by-night organization," Rubis said in an interview.