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Settlement Spotlights Upstart N.Y. Regulator

Benjamin Lawsky, superintendent of New York state's Department of Financial Services, got British bank Standard Chartered to pay a $340 million settlement over allegations that it schemed with the Iranian government to launder billions of dollars. (Bloomberg via Getty Images)
Benjamin Lawsky, superintendent of New York state's Department of Financial Services, got British bank Standard Chartered to pay a $340 million settlement over allegations that it schemed with the Iranian government to launder billions of dollars. (Bloomberg via Getty Images)

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