NYDFS ISSUES GUIDANCE ON OBTAINING A “NOTICE OF SATISFACTION OF AGREEMENTS”
NYDFS issued guidance in the form of a policy statement on obtaining what it terms a “Notice of Satisfaction of Agreements.” · Importantly, a Satisfaction Notice does not serve as the termination of a Consent Order, Written Agreement or MOU: “Notices will not alter, rescind, or seal an Agreement, and they will not cancel any restriction imposed … Read more