Jones Day Presents®: State Attorneys General and the Financial Services Industry
Since the financial crisis of 2008, state attorneys general have taken a greater interest in how banks and similar institutions operate in their jurisdictions. In fact some states have introduced sophisticated, dedicated units to monitor financial service issues. Jones Day's Tony Dias and Courtney Lyons Snyder discuss how state AGs can use their broad investigative and consumer-protection powers, the importance of outcomes and disparate impacts related to certain financial products and services, and what to consider when responding to an AG's inquiry.
Jones Day publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information purposes only and may not be quoted or referred to in any other publication or proceeding without the prior written consent of the Firm, to be given or withheld at our discretion. To request reprint permission for any of our publications, please use our “Contact Us” form, which can be found on our website at www.jonesday.com. The mailing of this publication is not intended to create, and receipt of it does not constitute, an attorney-client relationship. The views set forth herein are the personal views of the authors and do not necessarily reflect those of the Firm.