The issue focused on financial regulatory compliance and classified financial institutions as financial institutions when they provide financial services to individuals and organizations and financial institutions are permitted to engage in financial transactions with individuals and organizations on behalf of financial institutions. In response to this lawsuit, federal courts held that financial institutions were financial institutions under federal law and could engage in financial transactions with individuals and organizations on behalf of financial institutions. This lawsuit did not seek to legalize financial transactions between individuals and financial institutions. Instead, it sought to legalize financial transactions between individuals and