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New York Department of Financial Services (NYDFS)
HomeGlossary TermsNew York Department of Financial Services (NYDFS)

New York Department of Financial Services (NYDFS)

April 12, 2024BY Ubik Capital
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The New York Department of Financial Services (NYDFS) is a government department in New York state responsible for regulating financial services and products. Its mission is to foster the growth and soundness of the financial industry in New York, promote economic development through fair and compliant regulation, and ensure the integrity, safety, and transparency of financial products and services. The NYDFS works to ensure that financial offerings are provided in an honest and transparent manner, eliminating financial fraud, unethical conduct, and other forms of criminal behavior.

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