Notifications
Sign up to receive email notifications when proposed, revised, emergency, and adopted rules are posted to this website.
To 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 1.
Note: Unless noted otherwise, all documents available from this page are in PDF format.
Pre-Proposed Outreach
The following draft regulations are not currently in effect. The Department of Financial Services is considering whether to propose this regulation.
Before 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 governments.
Unless 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 noted.
Description and Documents | Date Posted | Outreach Comments Due By | Agency Contact |
---|---|---|---|
None at this time. |
Proposed Regulations
The 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.
In the Department’s experience, some members of the public seek to have an additional opportunity to express their opinion on proposed regulation through attempted meetings, calls, or e-mails. 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 Department’s deliberation of a proposed regulation. To avoid any appearance of, or actual influence on, the Department’s 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 process.
The 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 Contact.
The Department will carefully review all public comments and makes a determination on how to proceed with the proposed regulation.
The comment period extends for 60 days from the date of publication in the State Register.
Description and Documents | Date Filed with the Secretary of State | Date Published in the State Register | Public comment period expires on | Agency Contact |
---|---|---|---|---|
May 4, 2023 | May 24, 2023 | July 24, 2023 | Kristina Magne | |
Excess Line Placements Governing Standards |
March 30, 2023 | April 19, 2023 | June 19, 2023 | Joana Lucashuk |
General Duties, Accountability, and Transparency Provisions for Pharmacy Benefit Managers; Electronic Filings and Submissions |
January 30, 2023 | February 15, 2023 | April 17, 2023 | Kristina Magne |
Emergency Adoptions
Unless otherwise noted, emergency adoptions will expire 90 days after filing with the Secretary of State.
Questions regarding the content of specific adoptions may be addressed by email to the listed Agency Contact.
Description and Documents | Date Filed with the Secretary of State | Date Published in the State Register | Expiration Date | Contact |
---|---|---|---|---|
Registration of Pharmacy Benefit Managers |
March 27, 2023 | April 12, 2023 | June 23, 2023 | Kristina Magne |
Minimum Standards for Form, Content and Sale of Health Insurance, Including Standards of Full and Fair Disclosure |
March 6, 2023 | March 22, 2023 | May 11, 2023 | Colleen Rumsey |
Minimum Standards for Form, Content and Sale of Health Insurance, Including Standards of Full and Fair Disclosure |
March 6, 2023 | March 22, 2023 | May 11, 2023 | Tobias Len |
Final Adoptions
A 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 (NYCRR)
Adoption (link and description) | Effective Date |
---|---|
Principle-Based Reserving |
2023-03-01 |
Charges for Professional Health Services |
2023-02-15 |
P2P Car Sharing Regulation
|
2023-02-08 |
Minimum Standards for the Form, Content and Sale of Health Insurance, Including Standards of Full and Fair Disclosure |
2022-12-07 |
Office of Pharmacy Benefits |
2022-08-31 |
Registration of Pharmacy Benefit Managers |
2022-08-31 |
Separate Accounts and Separate Account Contracts |
2022-08-31 |
Agent Training Allowance Subsidies for Certain Life Insurance and Annuity Business | 2022-08-24 |
Minimum Standards for Form, Content and Sale of Health Insurance, Including Standards of Full and Fair Disclosure |
2022-07-15 |
Principle-Based Reserving |
2021-12-29 |
Minimum Standards for Form, Content and Sale of Health Insurance, Including Standards of Full and Fair Disclosure |
2021-12-22 |
Financial Statement Filings And Accounting Practices And Procedures; Risk-Based Capital |
2021-12-15 |
Brokers, Agents and Certain Other Licensees - General |
2021-11-12 |
Public Adjusters |
2021-10-08 |
Credit for Reinsurance |
2021-09-29 |
Enterprise Risk Management and Own Risk and Solvency Assessment; |
2021-08-13 |
Final Adoption of Consensus Amendments to Insurance Regulations 78, 96, 68-C, 118, 85, 64 and 90 (11 NYCRR 55, 62, 65-3, 89, 136, 216, and 218) |
2021-06-09 |
Minimum Standards For Form, Content And Sale Of Health Insurance, Including Standards Of Full And Fair Disclosure |
2021-04-22 |
Office of Pharmacy Benefits |
2021-04-07 |
Principle-Based Reserving |
2021-03-31 |