Categorized | industry, Ohio, regulation

From the Ohio hearing

Ohio’s Attorney General wants more power.  That’s my profound take away from this story:

Cordray added that H.B. 209 will expand the authority of his office to prosecute violations of the new law under the Consumer Sales Practices Act.

“The Attorney General’s Office will have explicit statutory authority through these provisions to go after unlicensed lenders, including internet payday lenders,” he said.

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One Response to “From the Ohio hearing”

  1. darren says:

    WOW hard hitting WRITTEN TESTOMY? So this way he doesnt have to appear or answer questions about a subject he knows nothing about.Not to mention this guy supports casinos in Ohio,cause he cares about Ohios most vulnerable.Ohio with its over 10% unemployment doing its best to raise that number.Strickland,Corday,Harris,Lundy can Ohio take anymore?

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