Empire State officials are moving ahead with efforts to streamline financial services regulation.
Scott Rothstein has been picked to be executive director of the New York State Commission to Modernize the Regulation of Financial Services.
New York Gov. Eliot Spitzer, D, created the commission in May, and Eric Dinallo, the state insurance superintendent, is the commission chairman.
In New York, the Insurance Department, the Banking Department, the State Department and the attorney general’s office all play roles in financial services regulation.