"Where does New York State get the power to seize Signature Bank?" I ask in a New York Sun column. "Why would anyone invest in a New York bank knowing that regulators could move in and take it away?" Please read the column.
Section 606 of New York State Banking Law
https://www.futureofcapitalism.com/2023/03/section-606-of-new-york-state-banking-law
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by Editor | Related Topics: Banking, Capital Markets Regulation, New York receive the latest by email: subscribe to the free futureofcapitalism.com mailing list
