After Being Hit With A Cease And Desist, Car-Sharing Startup RelayRides Suspends Rentals In New York

It's becoming increasingly commonplace for startups in the so-called "sharing economy" to take heat from regulators who seek to hold them to the same business standards as incumbent businesses. The latest company to come under fire from regulators is peer-to-peer car-sharing startup RelayRides, which received a cease-and-desist notice from New York State's Department of Financial Services (DFS).

Source: http://feedproxy.google.com/~r/Techcrunch/~3/oyYCqF4vRcA/

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