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Dylan Howard Talks with Westlaw Journal Bank & Lender Liability About Operation Choke Point

Operation Choke Point, which the U.S. government first announced in March 2013, involves federal investigations into financial institutions’ possible role in mass-marketed fraud schemes that cause significant consumer losses. Despite of the goal of consumer protection, Operation Choke Point has generated controversy. In this Westlaw Journal Bank & Lender Liability article, Dylan Howard comments on why the initiative has been subject to debate.

"Operation Choke Point is controversial because critics contend it is an effort … to majorly curtail both fraudulent activity and legal financial services like payday lending," Mr. Howard said.

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