WASHINGTON (August 12, 2013) — Executive Director of Native American Financial Services Association (NAFSA) Decries Intimidation Tactics against Legal Businesses-
Fighting back against last week’s attempt to shutter legal online lending enterprises operated by tribal nations, the Native American Financial Services Association (NAFSA) today directed New York Superintendent of Financial Services Benjamin Lawsky to cease and desist his attacks on Native Americans.
In a letter to be sent to Mr. Lawsky today, Barry Brandon, Executive Director of NAFSA, made clear that tribal nations and the legal businesses they operate would not be bullied or intimidated out of operation. In recent years, online lending enterprises have been a boon to Native American economic development, which has traditionally experienced setbacks due to tribes’ isolated location and sparse populations.
Read the full press release here: http://www.prnewswire.com/news-releases/nafsa-directs-new-york-superintendent-of-financial-services-to-cease-and-desist-discriminatory-actions-against-indian-country-219262711.html
