How is Lending Club regulated?
The regulatory framework for Lending Club is well established and has been in place since 2008. We file annual, quarterly, and other reports with the Security and Exchange Commission. You can review our prospectus here and our SEC reports are available to read at www.sec.gov.
In addition, the lender of all e-Credit Lines and loans originated through the Lending Club process is WebBank, an FDIC-insured bank that is subject to all applicable lending regulations, including the Equal Credit Opportunity Act, and others that apply to commercial lending.
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