2012 New York Consolidated Laws
FIS - Financial Services Law
Article 3 - (301 - 310) ADMINISTRATIVE AND PROCEDURAL PROVISIONS
302 - Regulations by superintendent.

 
    §  302.  Regulations  by  superintendent. (a) The superintendent shall
  have the power to prescribe and from time to time withdraw or amend,  in
  writing,  rules  and regulations and issue orders and guidance involving
  financial products and services, not inconsistent with the provisions of
  this chapter, the banking law, the insurance law and any  other  law  in
  which the superintendent is given authority:
    (1)  effectuating  any  power  given  to  the superintendent under the
  provisions of this chapter, the insurance law, the banking law,  or  any
  other law to prescribe forms or make regulations;
    (2)  interpreting  the  provisions of this chapter, the insurance law,
  the banking law, or any other applicable law; and
    (3) governing the procedures to be followed in  the  practice  of  the
  department.
    (b) The superintendent may promulgate a list of financial products and
  services  excluded  from regulation by the superintendent, provided that
  such  exclusion  shall  not  limit  in  any  way  the  ability  of   the
  superintendent to take any actions with respect to fraud provided for in
  this chapter, the insurance law, the banking law or any other applicable
  law.