N.Y. Comp. Codes R. & Regs. tit. 23 § 200.7

Current through Register Vol. 46, No. 45, November 2, 2024

Section 200.7 - Compliance

(a) Generally. Each Licensee is required to comply with all applicable federal and state laws, rules, and regulations.

(b) Compliance officer. Each Licensee shall designate a qualified individual or individuals responsible for coordinating and monitoring compliance with this Part and all other applicable federal and state laws, rules, and regulations.

(c) Compliance policy. Each Licensee shall maintain and enforce written compliance policies, including policies with respect to anti-fraud, anti-money laundering, cyber security, privacy and information security, and any other policy required under this Part, which must be reviewed and approved by the Licensee's board of directors or an equivalent governing body.

N.Y. Comp. Codes R. & Regs. Tit. 23 § 200.7

Adopted New York State Register June 24, 2015/Volume XXXVII, Issue 25, eff.6/24/2015