Cuomo Nominates Attorney as State Financial Regulator

ALBANY, N.Y. (AP) -

Gov. Andrew Cuomo has nominated a lawyer and one of his former deputies when he was attorney general to be New York’s next top financial regulator.

Maria Vullo is currently listed as counsel at Paul, Weiss, Rifkind, Wharton & Garrison in Manhattan, where she was a partner for 20 years.

She oversaw the Economic Justice Division in the attorney general’s office in 2010.

If confirmed by the Senate, she will head the Department of Financial Services, which regulates banks and insurers and investigates possible violations.

The department was created by law in 2011, merging the state’s insurance and banking departments.

Its first superintendent, attorney Ben Lawsky, was also a deputy to Cuomo as attorney general and later as governor.