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Lawsky, argued in Federal District Court in Manhattan that the regulator had overstepped their bounds that are jurisdictional.

Lawsky, argued in Federal District Court in Manhattan that the regulator had overstepped their bounds that are jurisdictional.

Updated, 8:46 p.m. | Since becoming New York State’s top financial regulator in 2011, Benjamin M. Lawsky has aggressively pursued wrongdoing far beyond the state’s edges, investigating monetary experts in Washington, insurance coverage industry methods nationwide and cash laundering offshore.

On Wednesday afternoon, two United states Indian tribes, their organizations under assault by Mr. Lawsky, argued in Federal District Court in Manhattan that the regulator had overstepped their bounds that are jurisdictional.