Superintendent of the New York State Department of Financial Services
Jun 11, 2024
Compendium
Q: For our international readers who may be unfamiliar with the New York State Department of Financial Services (DFS), could you provide some background on the organization and its mandate?
A: The New York State Department of Financial Services was established in the wake of the 2008 financial crisis with the goal of creating a more efficient, comprehensive financial regulator to oversee the financial services industry, better protect consumers, and encourage economic growth in the financial capital of the world. Today, DFS is considered one of the premier financial regulators in the world.
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