United States: Marketplace Lending Update #10: OCC's True Lender Rule Is Repealed - Cadwalader, Wickersham & Taft LLP

United States: Marketplace Lending Update #10: OCC's True Lender Rule Is Repealed - Cadwalader, Wickersham & Taft LLP

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On June 30, 2021, President Biden signed a joint resolution of Congress under the Congressional Review Act ("CRA") to disapprove the OCC's True Lender Rule. As a result, the True Lender Rule is now repealed.

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