Regulatory Activity Financial Services Law Department of Financial Services

pSign up to receive email notifications when proposed revised emergency and adopted rules are posted to this websiteppTo be notified by postal mail or to receive copies of Department of Financial Services proposed revised emergency and adopted rules submit a request in writing including your mailing address to Regulation Notification Officer Office of General Counsel 20th Floor New York State Department of Financial Services New York NY 10004 Written requests expire annually on December 31 Renewal requests for the following year may be submitted by mail on or after December 1ppNote Unless noted otherwise all documents available from this page are in PDF formatppNext SectionppContinueppThe following draft regulations are not currently in effect The Department of Financial Services is considering whether to propose this regulationppBefore filing a proposed regulation for publication in the State Register for a formal comment period pursuant to the New York State Administrative Procedure Act the Department provides a draft for review and comment by interested persons and the public including but not limited to small businesses and local governmentsppUnless otherwise noted the comment period extends for 10 days from the date of posting Comments about this proposed regulation can be addressed to the Agency Contact notedppUpdated 05312023ppNext SectionppContinueppThe Department of Financial Services often proposes regulations addressing important policy considerations that have an impact on the interests of New Yorkers It is important that every New Yorker with an interest have a fair and equal opportunity to provide feedback on a proposed regulation To that end and in compliance with the requirements of the State Administrative Procedure Act SAPA all proposed regulations are subject to at least one public comment period of at least 60 days and all revised proposed regulations are subject to a comment period of at least 45 daysppIn the Departments experience some members of the public seek to have an additional opportunity to express their opinion on proposed regulation through attempted meetings calls or emails The Department is concerned these attempts at additional opportunities to provide feedback on a proposed regulation may create the appearance that certain members of the public have an undue influence on the Departments deliberation of a proposed regulation To avoid any appearance of or actual influence on the Departments deliberations the Department wishes to clarify for the public that the Department will only accept feedback on a proposed regulation that is submitted in writing as part of the public comment process Furthermore the Department will not engage in meetings or discussions of a regulation after it is published for comment barring extenuating circumstances as determined by the Department The Department strongly discourages interested parties from reaching out to discuss a proposed regulation with the Department whether in support or opposition to the proposal outside of the written comment process Feedback on a proposed regulation should be submitted in writing as part of the public comment processppThe Department encourages everyone interested in a proposed regulation to use the public comment period to submit a written comment on a proposed regulation Comments can be submitted to the Agency Contact noted below Questions regarding the content of a specific proposed regulation may also be sent via email to the listed Agency ContactppThe Department will carefully review all public comments and makes a determination on how to proceed with the proposed regulationppUpdated 06292023ppNext SectionppContinueppEmergency adoptions expire 90 days after filing with the Secretary of State unless otherwise notedppQuestions regarding the content of specific adoptions may be addressed by email to the listed Agency ContactppUpdated 06062023ppNext SectionppContinueppA final adopted regulation is a regulation that has been previously proposed and published for which the public was afforded an opportunity to comment and which DFS has adopted on a permanent basis Final adopted regulations may remain posted here for a limited time following adoption for the convenience of the public but once adopted can always be accessed in the State Codes Rules Regulations NYCRRppEffective November 1 2023ppRules Governing the Procedures for Adjudicatory Proceedings Before the Department of Financial ServicesppIndependent Dispute Resolution for Emergency Services and Surprise Bills ppNext SectionppContinueppThis page is available in other languagesp