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Track DC LogoDISB - Insurance, Securities and Banking
Chester A. McPherson
Acting Insurance Commissioner

DISB - Insurance, Securities and Banking

DISB is responsible for regulating the District’s financial-services businesses by ensuring that these entities adhere to the city’s insurance, securities and banking laws, rules and regulations. DISB regulates the following: (1) insurance companies, insurance producers, health maintenance organizations, captive insurance companies and risk retention groups; (2) investment advisers, broker-dealers, securities issuers and agents of issuers and (3) District and state-chartered banks, mortgage lenders and brokers, mortgage loan originators, check cashers, money transmitters, consumer-sales-finance companies, money lenders, and consumer-credit-service organizations. DISB also provides consumer education, advocacy and protection, and outreach programs throughout the city to protect consumers from financial fraud. Residents may use DISB’s Web site to file a complaint, verify an institution, request a speaker and find consumer information.>> more