NYDFS Enforcement To Increase Focus on Consumer Protection: ‘Where CFPB Steps Down, DFS Has To Step Up’

Given DFS’ broad powers of supervision and enforcement, NYDFS Superintendent Linda Lacewell has many tools at hand to execute on her policy objective. My article in the New York Law Journal reviews some of the central mechanisms available to the Superintendent for this purpose.

 

 

 

The article can be found here:

https://www.law.com/newyorklawjournal/2019/09/03/dfs-enforcement-to-increase-focus-on-consumer-protection-where-cfpb-steps-down-dfs-has-to-step-up/