N.Y. Comp. Codes R. & Regs. tit. 9, § 465.16
(4) The stipulation should provide for the issuance of an order thereon by the commissioner, incorporating its operative terms.
(c) Order after stipulation.
(a) Stipulation.
At any time after a determination of probable cause, the parties may stipulate to settle the case subject to the approval of the commissioner. Such stipulation shall either be in writing, signed by the parties or their attorneys, or be placed on the record at a public hearing.
(b) Terms.