News Alerts

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DFS Announces New Cybersecurity Division

The Department of Financial Services (DFS) announced on May 22 the creation of its new Cybersecurity Division, to be led by a former U.S. Attorney whose area of expertise is cyber crimes.  The Division, which [...]

By | May 22nd, 2019|Categories: News Alerts|0 Comments

U.S. House to Vote on SECURE Retirement Bill

On May 23, the U.S. House of Representatives will take up a bipartisan bill—approved unanimously on April 2 by the House Ways & Means Committee—that would expand employer-based retirement options.  The Setting Every Community Up [...]

By | May 21st, 2019|Categories: News Alerts|0 Comments

House Committee Passes the SECURE Act Retirement Bill

In what is, these days, a remarkable show of bipartisanship, the U.S. House Ways & Means Committee approved - unanimously - on April 2 a bill that would expand options for retirement savings.  The Setting [...]

By | April 3rd, 2019|Categories: News Alerts|0 Comments

House Panel Holds Hearing on the SEC’s Regulation Best Interest Proposal

Members of the U.S. House Committee on Financial Services, under its newly emboldened Democratic leadership, held a March 14 hearing that looked dubiously at the SEC’s proposed Regulation Best Interest.  What prompted the hearing is [...]

By | March 15th, 2019|Categories: News Alerts|0 Comments

NAIFA Weighs in on NAIC “Enhanced Suitability” Draft Regulation

In a February 15 comment letter to state insurance regulators at the National Association of Insurance Commissioners (NAIC), NAIFA joined with the AALU, the Financial Services Institute (FSI), and other groups to endorse a "best [...]

By | February 20th, 2019|Categories: News Alerts|0 Comments

Governor Nominates New DFS Superintendent

Governor Andrew Cuomo officially announced on January 4 his nomination of Linda Lacewell, his Chief of Staff, to replace outgoing Dept. of Financial Services (DFS) Superintendent Maria T. Vullo, who is slated to leave DFS [...]

By | January 7th, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|0 Comments