NYSDFS Creates Consumer Protection Task Force
The New York State Department of Financial Services announced on January 9 that it has created a new Consumer Protection Task Force. Housed within the department, the task force "will provide formal input on the Department’s consumer engagement, policy development and research.," according to a DFS news release. The release also said, "One of the task force’s first priorities will be to help DFS build support for and implement the extensive consumer protections proposals included in Governor Cuomo’s 2020 State of the State agenda, including measures to strengthen regulatory oversight of debt collectors, crack down on elder financial abuse, increase access to affordable banking services, and…