Benjamin Lawsky to Step Down as New York's Top Financial Regulator

``Mr. Lawsky, a onetime Democratic aide and former federal prosecutor, announced on Wednesday that he would vacate his post as the state's overseer of banking and insurance in late June, capping a polarizing four-year tenure that shook up the sleepy world of financial regulation in New York. With cases against the likes of Deutsche Bank, Standard Chartered and PricewaterhouseCoopers, Mr. Lawsky cemented his reputation as the new sheriff of Wall Street -- and as a burr in the side of the financial industry and even some fellow regulators... Now, much to Wall Street's delight, the New York State regulator will be leaving government to start his own legal and consulting firm.''