Simply Stated - All Things Finance

Why Licenses Exist in Financial Services

January 19, 2022 Conference of State Bank Supervisors (CSBS) Season 4 Episode 1
Simply Stated - All Things Finance
Why Licenses Exist in Financial Services
Show Notes

CSBS Senior Vice President Tim Doyle sits down with me to explain what exactly makes a license a license. We discuss the difference between a license and charter, why licenses exist, what a license does and does not mean for a consumer, how licensing has changed and how NMLS helps consumers make good choices when shopping for financial services.