APPROVED builds out leadership team with three additions

Events & Announcements

WASHINGTON, DC (June 5, 2018) APPROVED, Buckley Sandler’s technology-enabled, fixed-fee service that assists financial services firms and fintech companies in obtaining and maintaining state-required licenses, today announced the addition of three directors to its leadership team — Tanya Anthony, Derek Schultz, and Dan Ladd. Anthony will focus on mortgage and consumer lending, vendor management, and…

District Court rules South Dakota banking regulator exceeded authority in revoking payday lender’s license

Insights

On May 29, the U.S. District Court for the District of South Dakota denied a motion to dismiss filed by the director of the South Dakota Division of Banking (defendant), ruling that the defendant exceeded his authority when he revoked a payday lender’s (plaintiff) operating license instead of initiating a cease and desist order, and that he…