[LIVE] Reputational Risk in Banking: Is Operation Chokepoint the Answer?

Beginning with Operation Chokepoint, financial regulators, often boosted by community activists, have introduced social issues into regulation, sometimes under the label “reputational risk,” to discourage banks from serving legal businesses. Emboldened by successes in denying service to industries they disfavor, such as payday lenders, gun shops, and oil companies, groups now pressure banks to deny service to individuals. This panel will discuss the impact of these efforts on public access to financial services, and whether additional market participants, new technologies such as cryptocurrency, or policy measures similar to the OCC’s fair access rule, are called for.

Featuring:

• Mr. Greg Baer, President and Chief Executive Officer, Bank Policy Institute
• Hon. Brian P. Brooks, Former Acting Comptroller of the Currency, Office of the Comptroller of the Currency
• Prof. Christina Parajon Skinner, Assistant Professor of Legal Studies & Business Ethics, The Wharton School, University of Pennsylvania
• Prof. Chris Peterson, John J. Flynn Endowed Professor of Law, University of Utah, S.J. Quinney College of Law
• Moderator: Hon. Sandra Ikuta, United States Court of Appeals, Ninth Circuit
* * * * *

As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.

Видео [LIVE] Reputational Risk in Banking: Is Operation Chokepoint the Answer? канала The Federalist Society