Just a month after Illinois Attorney General Lisa Madigan became the first state attorney general to file a state court lawsuit under provisions of the Dodd-Frank Act, Superintendent of the New York Department of Financial Services Benjamin Lawsky recently became "the first state regulator to use his authority under Dodd-Frank Section 1042 to bring a civil action for a violation of the Dodd-Frank prohibition of unfair, deceptive or abuse acts or practices (UDAAP)," CFPB Monitor reports. According to the post, Lawsky filed a complaint in New York federal court "against a large subprime auto lender and its CEO and president seeking damages and injunctive relief under Sections 1031 and 1036 of Dodd-Frank," as well as Sections 309 and 408 of the New York Financial Services Law and Section 499 of the Banking Law. The complaint alleges that the defendant "systematically hid from its customers the fact that they have refundable positive credit balances and then failed to refund those balances unless specifically requested." For more, read thefull post.