TREASURY ISSUES WHITE PAPER ON ONLINE MARKETPLACE LENDING

On May 10, 2016, the United States Department of the Treasury issued a white paper that provides (i) an overview of the online marketplace lending industry, (ii) a summary of the responses that the Treasury received to its 2015 Request for Information on the
industry (RFI), (iii) policy recommendations for private sector participants and the federal government and (iv) identification of
trends that the Treasury believes require ongoing observation. Read More