December 3, 2014 (Sacramento, CA) – DBA International recognizes and appreciates the time and effort that the New York State Department of Financial Services (DFS) spent thoughtfully analyzing and accommodating the concerns DBA International brought forth in our October 1, 2013 and August 15, 2014 correspondence as part of the rulemaking process leading to the department’s final rules on debt collection which were issued today.
DBA’s comments to DFS were predicated on input from our Members and the highly regarded uniform industry standards adopted in its national certification program.
“DBA International is confident that the association’s productive dialogue with DFS over the past 16 months has resulted in a stronger regulatory framework for the protection of New York consumers while accommodating the legitimate operational concerns of companies that must implement these rules” indicated Bryan Faliero, DBA International Board President.
“DBA will monitor the implementation of the new regulations to identify any unintended consequences for consumers or industry participants and seek additional clarification when needed,” elaborated Jan Stieger, DBA Executive Director.
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