AG Pitches Overhaul Of NY Laws For Charities, Nonprofits

Law360, New York (May 14, 2013, 7:03 PM EDT) -- Citing a need to curb fraud and increase public trust in New York's charities and nonprofit organizations, Attorney General Eric T. Schneiderman gathered with legislative leaders Tuesday to push a bill they say would prevent conflicts of interest and increase the state's policing powers.

The state's top enforcer gathered with state Sens. Michael Ranzenhofer, R-Amherst, and Carl Marcellino, R-Suffolk/Nassau, and Assembly members Jim Brennan, D-Brooklyn; Helene Weinstein, D-Brooklyn; and Steve Englebright, D-Suffolk, in proposing legislation to overhaul the laws governing New York’s nonprofit sector.

"Nonprofit organizations...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.