Fed Bank Exec Joins Privateer

Privateer Holdings Inc. has tapped a top official from the Federal Reserve Bank of San Francisco to become its Director of Treasury Compliance, the firm announced Tuesday.

Dante Tosetti will be mandated, among other things, with helping Privateer maintain compliance with financial laws, but his role at a major marijuana firm could also help the cannabis industry make its case for banking access.

“My goal is to change the misconception that servicing the cannabis industry is a compliance…

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