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State to conduct study on payroll-servicing industry after MyPayrollHR scandal

Gov. Kathy Hochul at a May 3 news conference in Albany, announcing her appointment of Congressman Antonio Delgado as lieutenant governor. (PHOTO CREDIT: MIKE GROLL, OFFICE OF N.Y. GOVERNOR FLICKR)

The New York State Department of Financial Services (DFS) will conduct a study on the payroll servicing industry following the MyPayrollHR scandal, which caused “major financial disruptions for workers and small businesses.”  The office of Gov. Kathy Hochul on May 6 said she has signed a bill requiring the study. DFS, in consultation with the New […]

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