The NYU School of Law Program on Corporate Compliance and Enforcement (PCCE) is pleased to announce that Maria Vullo ’87, former superintendent of the New York State Department of Financial Services (NYDFS), has joined PCCE as a senior fellow.
Vullo served as superintendent of NYDFS for the past three years. In that role, Vullo was responsible for the regulation and supervision of New York’s financial services industry, including New York State chartered banks, branches of foreign banks, and insurance companies and agents licensed to do business in New York. During Vullo’s tenure as NYDFS Superintendent, she issued a nation-leading cybersecurity regulation applicable to all NYDFS regulated institutions; issued a first-in-the-nation transaction-monitoring regulation; resolved significant enforcement actions regarding violations of the Bank Secrecy Act, and anti-money laundering, sanctions and foreign exchange laws.
“Maria Vullo is a valuable addition to PCCE. She brings the combined perspective of a law enforcement official, a regulator, and private practitioner to corporate compliance, just as she did with her nation-leading regulations at NYDFS,” said Professor Jennifer Arlen, founder and faculty director of PCCE.
Vullo is the recipient of numerous awards, including the 2018 Excellence in Consumer Advocacy Award by the NAIC Consumer Representatives, the 2018 Insurance Woman of the Year Award by the Association of Professional Insurance Women, and the 2017 Mario Cuomo Public Service Award by the National Italian American Foundation. Vullo also was twice nominated by the New York State Commission on Judicial Nomination to be an associate judge of the New York State Court of Appeals.
Vullo has extensive experience in the private sector as well. Prior to her government service, Vullo was a partner in the litigation department at Paul, Weiss, Rifkind, Wharton & Garrison LLP, where she litigated civil, criminal and regulatory matters, and led significant pro bono litigation. Vullo holds a JD from New York University School of Law, an MPA from NYU Wagner Graduate School of Public Service, and a BA and an honorary PhD from the College of Mount Saint Vincent.
“As I move on to the next chapter in my career following three impactful years as superintendent of financial services, I am very pleased to join the Program on Corporate Compliance and Enforcement,” Vullo said. It will be exciting to help PCCE build on its exceptional research and programming in areas in which I dedicated significant effort as NYDFS Superintendent, including promoting a corporate culture of compliance and regulatory initiatives in cybersecurity and transaction monitoring. I look forward to assisting PCCE in planning and executing its excellent programs over the coming months.”