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Cuomo Names New DFS Head To Take Over Financial Regulation

New York Gov. Andrew Cuomo is nominating Linda Lacewell to take over the Department of Financial Services, which is in the process of implementing a tough sales rule on annuities and life insurance. ... read more

Maria Vullo Confirms She's Leaving DFS in February

Andrew Cuomo to nominate the third person to head the ... cybersecurity regulations implemented by DFS last year, which have since set a national standard for digital security in the U.S. The ... read more

Leadership Void Threatens To Weaken NY Financial Watchdog

Law360, New York (October 28, 2015, 7:20 PM EDT) -- With the acting head of the New York Department of Financial Services preparing to step down and no new leader in sight, New York Gov. Andrew Cuomo ... read more

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New York DFS Superintendent Lawsky Leaving After $3B in Fines Makes Mark

The next head ... DFS isn’t necessarily wedded to existing ways of doing business,” he said. “Sometimes that means DFS may be out in the lead on a particular issue.” The New York regulator has used ... read more


Insurers File Article 78 Proceeding Against DFS Over New Title Regs

[caption id="attachment_14326" align="aligncenter" width="620"] Maria Vullo of the New York state Department of Financial Services ... they had “serious concerns” over the insurance regulations. In a ... read more

From Fintech Charters to Sandboxes

Financial technology news includes the continuing battle over the Office ... stepped down as head of the New York DFS as of February 1. Linda A. Lacewell has been nominated to succeed Vullo. She is a ... read more

Cuomo: New York launches website to help students with education financing decisions

The state Department of Financial Services' Student Protection Unit has launched a new website to assist students with decisions on how to best pay for college, Gov. Andrew Cuomo announced ... to file ... read more

New York’s Top Bank Regulator Considering Exit in 2015

New ... talks over sanctions violations. It isn’t yet clear who Cuomo will name to fill the position after Lawsky resigns. Cuomo combined New York’s bank regulatory department and its insurance ... read more

New York’s Cyber Regulations: How to Take Action & Who’s Next

In September, New York Governor Andrew Cuomo released the nation's first state-mandated cybersecurity regulations ... for the NY DFS is how often client information is shared “everywhere,” and how ... read more

New York Bank Regulator To Examine Compliance Consultants

“At some point, we need to take ... regulation of financial services in the state needed to be streamlined. Cuomo appointed Lawsky to head the new agency. The DFS created a stir when it reached a $340 ... read more

Maria Vullo Confirms She's Leaving DFS in February

Andrew Cuomo to nominate a third person to head the ... cybersecurity regulations implemented by DFS last year, which have since set a national standard for digital security in the U.S. The regulation ... read more



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