Regulatory Alerts2012-07-20
Added · Updated
Bulletin 2526 - July 20, 2012
The Connecticut Department of Banking approved a check cashing service license for Sun Communications LLC and noted a branch filing by Farmington Bank. The Department issued notices of intent to cease and desist, impose civil penalties, or revoke licenses against New Path Financial, Coastal Finance, LLC, Frog Bridge Check Cashing Plus, LLC, and William W. Siegel & Associates, Attorneys At Law, LLC for various statutory violations. Additionally, the Department entered into a consent order with First Liberty Mortgage Company, LLC, requiring the filing of missing reports and a $2,500 civil penalty, and executed a stipulation with EQA Currency Fund LP and EQA Global Macro Fund LP, each requiring a $750 administrative fine for failure to make required securities notice filings.