N.Y. Financial Services Law § 404 Powers of the Financial Frauds and Consumer Protection Unit

• Library: New York Statutes
• Edition: 2023
• Currency: Current through 2023 NY Law Chapter 682

(a) The superintendent has authority under this article, the banking law, the insurance law and other applicable laws to investigate activities that may constitute violations subject to section four hundred eight of this article or violations of the insurance law or banking law and to develop evidence thereon.

(b) If the financial frauds and consumer protection unit has a reasonable suspicion that a person or entity has engaged, or is engaging, in fraud or misc...

(c) Nothing in this chapter shall be construed to grant or authorize the financial frauds and consumer protection unit the specific powers or responsibilities of the consumer protection division of the department of state.

Cite as N.Y. Financial Services Law § 404