Federal Financial Law on Fintech Innovations

1.After researching respected consumer compliance sources for articles describing the federal financial laws that may impact financial technology (or “fintech”) innovations or fintech firms. Describe at least one federal financial law that may apply to fintech innovations or firms.
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2.Create a four-paragraph memo to a financial institution’s management team or compliance office sharing examples of how regulators are applying current federal laws to fintech innovations or firms.

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