In July 2019, the Taxi and Limousine Commission, Department of Consumer and Worker Protection and Department of Finance completed a 45-day investigation into broker practices ordered by Mayor Bill de Blasio. The investigation identified violations of existing rules governing broker conduct and developed a number of regulatory changes to ensure brokers act in the interest of their clients and provide greater transparency during medallion transfers.
The TLC also committed to providing transparency for prospective buyers and sellers by maintaining a list of enforcement actions against brokers.