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Loan to San Bernardino Attacker Generates New Focus on Online Marketplace Lending and Terrorism Financing

Posted in Investigations, Regulatory Developments, Uncategorized

News that an online marketplace lender extended a $28,500 loan to Syed Rizwan Farook, one of the alleged San Bernardino attackers, just two weeks before the attack, has spurred House Financial Services Committee Chairman Jeb Hensarling (R-TX) to announce plans to propose new terrorist financing legislation in the coming months. On December 10, 2015, Chairman… Read More

Morrison & Foerster Launches MoFoMobl$

Posted in Uncategorized

MoFo ReEnforcement is happy to introduce a free app for the mobile payment industry, MoFoMobl$ (or MobileMoney). Developed by Morrison & Foerster, MoFoMobl$, provides users with an overview of key regulatory issues and considerations, access to timely alerts and articles, and a weekly news digest on market developments. To download the free app for iOS,… Read More