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District of Columbia Department of Insurance, Securities and Banking (DISB)

Government Administration

Overview

The Government of the District of Columbia Department of Insurance, Securities and Banking (DISB) regulates financial-service businesses in the District by administering DC's insurance, securities and banking laws, rules and regulations. DISB's primary goal is to ensure residents of the District of Columbia have access to a wide choice of insurance, securities and banking products and services, and that they are treated fairly by the companies and individuals that provide these services. DISB aims to provide a positive business climate that encourages fair and open competition and to increase the number of financial-service firms conducting business in the District. In addition, DISB will ensure that all relevant consumer protection laws are strictly enforced. It will continue to encourage the growth of the financial-services business sector that brings jobs and tax revenue to the city. The government agency’s goal is to protect the interests of District of Columbia consumers from unfair and abusive practices, while providing an equitable business arena for the regulated entities operating in Washington, DC. DISB Mission Our mission is three-fold: (1) cultivate a regulatory environment that protects consumers and attracts and retains financial services firms to the District; (2) empower and educate residents on financial matters; and (3) provide financing for District small businesses.