Regulatory Alerts2023-03-10
Added · Updated
Bulletin 3081 - March 10, 2023
The Connecticut Department of Banking solicits written comments on Bank of England's application to establish a loan production office in Branford, Connecticut, with a proposed opening date of April 8, 2023. The Commissioner issued a Temporary Order to Cease and Desist and notices of intent to revoke licenses and impose penalties against five Washington-based consumer collection agencies for operating without licenses or failing to maintain licensing requirements. Additionally, a Consent Order permanently bars Kara Leigh Gagnon from transacting business in Connecticut as a broker-dealer or agent due to violations involving undisclosed outside business activities and participation in a scam, while staying a $10,000 fine based on demonstrated inability to pay.