The New York State Department of Financial Services (DFS) announced that it has commenced a liquidation proceeding for the failed insurance cooperative Health Republic. The New York State Supreme Court will supervise the liquidation proceeding, with the DFS superintendent serving …
New York’s financial regulator promoted Scott Fischer to be the state’s top insurance watchdog, a position that involves overseeing about 1,700 companies with more than $4 trillion of assets. Fischer, 44, a former corporate attorney, was named executive deputy superintendent …
Celeste Koeleveld has been appointed general counsel at the New York State Department of Financial Services (DFS). Koeleveld will lead DFS’s Office of General Counsel and be responsible for all legal matters in the agency, reporting directly to the superintendent. …
The New York State Senate will be considering Governor Andrew Cuomo’s nominee Maria Vullo for the position of financial services superintendent. This nomination is only the start of a wave of potential change at the Department of Financial Services (DFS) …
New York Governor Andrew Cuomo signaled a shift in New York’s oversight of Wall Street, tapping a longtime corporate lawyer to run the state banking regulator previously overseen by an aggressive career law enforcer. Cuomo on Jan. 21 nominated Maria …
New York Gov. Andrew Cuomo today nominated Maria Vullo, an attorney and former staffer, as superintendent of the New York State Department of Financial Services (NYDFS).
New York regulators are considering a host of cybersecurity requirements for banks and insurers and urged other state and federal authorities to collaborate on establishing a framework of defenses for the financial sector. New York Financial Services Superintendent Anthony Albanese …
Bitcoin exchange itBit has hired Daniel Alter as the company’s new general counsel and chief compliance officer, the firm announced on Wednesday. Alter, who spent three years as general counsel to the New York State Department of Financial Services (DFS), …
New York State Department of Financial Services (NYDFS) announced Thursday that it has granted a charter under the New York Banking Law to itBit Trust Company, LLC – a commercial Bitcoin exchange. ItBit, which is based in New York City, …
The New York State Department of Financial Services (NYDFS) issued a report Thursday that found significant potential cybersecurity vulnerabilities with banks’ third-party vendors. New York regulators noted that banks rely on third-party vendors for a broad range of services — …
