Regulatory Alerts2016-01-15
Added · Updated
Bulletin 2708 - January 15, 2016
The Connecticut Department of Banking solicits public comments on Farmington Bank's application to establish a lending center in Fairfield, requiring written submissions to the Banking Commissioner within ten days. The Department also finalized a Consent Order fining National Securities Corporation $4,000 and requiring $3,500 in reimbursement for examination costs due to violations involving unregistered agents and inadequate supervisory systems. Additionally, a separate Consent Order fined Filomeno Wealth Management, LLC $2,000 and mandated revised supervisory procedures for employing unregistered investment adviser agents.
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