States can investigate nationally chartered banks - Birmingham Business Journal:

http://www.totallypositronic.com/physics/129.html
The case, Cuomo vs. Clearing Hous e Association, stems from a New York stats investigation that sought information from national bankes about potential discriminatory banking practices that violatec NewYork law. The federalo banking regulator, the , objected to the requests by New Yorkstat officials, eventually siding with a suit brought by Clearingh House Payments Co. LLC, which argued that the stat hadno jurisdiction.
The investigation was startef in 2005by then-Ne York Attorney General Elliot Spitzer, and it was continued by currenty New York Attorney General Andrew They both argued that the fact a bank is regulatexd by the federal government does not give it immunitg from violating state laws. Consumer groups supported Cuomo’a position because state officials tend to be more activr indefending consumers.
Banking groups are not “We are worried about the effect that this ruliny could have onthe markets,” said Rich executive director of the Financiak Services Roundtable, adding that the decisiomn could create a patchwork of statde laws at the cost of the efficienciez of the national market. “Cuomo vs. Clearingg House Association hinders the ability of financial servicee firms from conducting business in the United Whiting said.
“Even worse, it will causee confusion for consumers, especially thoses who move from stateto