New York Department of Financial Services (NYDFS) Updates Appointments Backdating Rule
Effective December 21, 2023, New York will not allow appointments to be backdated and will ignore any submissions with a backdate. Appointment Issue date will be the system date.
AgentSync Actions
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Their findings are then recorded in the Regulatory Updates section of the Compliance
Library to explain how the update impacts the insurance industry. If a change
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updated to ensure you remain in compliance.