Michael J. Murphy

Subscribe to Michael J. Murphy's Posts

Follow:

NY Department of Financial Services Proposes its Own Fiduciary Rule in Response to U.S. DOL Delay

By Michael J. Murphy & Katharine J. Neer on January 4, 2018

Posted in Financial Regulation, Retirement

In February, President Trump signed an Executive Order directing the U.S. Department of Labor (DOL) to review the fiduciary rule for brokers that President Obama’s Labor Department adopted. The federal…
Continue Reading NY Department of Financial Services Proposes its Own Fiduciary Rule in Response to U.S. DOL Delay

NYS Department of Financial Services Releases Revised Proposal Addressing Cybersecurity Requirements for Financial Institutions

By Niall E. O'Hegarty, Harold N. Iselin, Joshua L. Oppenheimer & Michael J. Murphy on January 13, 2017

Posted in Cybersecurity, Financial Regulation

On December 28th, 2016, the New York State Department of Financial Services (DFS or the Department) published a revised version of its proposed regulation governing cybersecurity requirements for all entities…
Continue Reading NYS Department of Financial Services Releases Revised Proposal Addressing Cybersecurity Requirements for Financial Institutions