N.Y. Banking Law § 723: Penalties for violation of this article

§ 723. Penalties for violation of this article. 1. In addition to such

penalties as may otherwise be applicable by law, including but not

limited to the penalties available under section forty-four of this

chapter, the superintendent may, after notice and hearing, require any

person found violating the provisions of this article or the rules or

regulations promulgated hereunder to pay to the people of this state a

penalty for each violation of the article or any regulation or policy

promulgated hereunder a sum not to exceed the greater of (i) two

thousand dollars or where such violation is willful ten thousand dollars

for each offense; (ii) a multiple of two times the aggregate damages

attributable to the violation; or (iii) a multiple of two times the

aggregate economic gain attributable to the violation.

2. Nothing in this article shall limit any statutory or common-law

right of any person to bring any action in any court for any act, or the

right of the state to punish any person for any violation of any law.