Andrew L. Sandler Quoted in Law360 Article, "Lawsky's Aggressive Tactics Provided Model for Regulators"
May 29, 2015
Andrew L. Sandler was quoted in Evan Weinberger's Law360 article, "Lawsky's Aggressive Tactics Provided Model for Regulators," on May 29, 2015.
New York Superintendent of Financial Services Benjamin Lawsky’s frequent, aggressive and often creative enforcement actions generated billions of dollars for the state and put his agency at the forefront in financial services regulation, and observers expect a similar approach from Lawsky's successor when he leaves his post next month.
“The DFS’ current level of focus on foreign financials is unprecedented for a state regulator,” said Andrew L. Sandler, the chairman and managing partner at BuckleySandler LLP. “It has established global visibility for the agency.”
The settlements with those global banking behemoths were also areas where the DFS under Lawsky was able to showcase its creativity.
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