New York Gov. Eliot Spitzer signed an executive order today naming State Insurance Superintendent Eric Dinallo to chair a newly created commission to identify ways New York can “retain and enhance” its world financial capital status.
“The financial world has changed, and we must change with it to retain ourleadership position,” Governor Spitzer said in a statement.
He said the panel will help thestate bring its regulatory structure into the 21st Century, “encouraging the use of cutting-edge technology and techniques to provide capital, insurance and other services to companies and individuals around the country and the globe.”
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