Speedy Decision Sought In OCC Suit
The legal battle between Massachusetts and federal authorities over state regulation of bank insurance sales might get a court resolution by next month, the attorney for an insurer group said.
Mike Koziol, senior director and counsel for the National Association of Independent Insurers in Des Plaines, Ill., explained that the case being brought against the U.S. comptroller of the currency by Massachusetts falls under expedited review provisions of the federal Gramm-Leach-Bliley Act.
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