Regulatory Alerts2024-03-08
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Bulletin 3133 - March 8, 2024
The Connecticut Department of Banking issued a notice against Hometown Lenders, Inc. alleging violations of net worth maintenance, reporting, and staffing requirements, with potential license revocation, cease and desist orders, and civil penalties. Concurrently, a consent order was entered against Keenan, LLC d/b/a Keenan Financial, requiring the firm to cease unregistered investment adviser activities and remit $5,590, comprising a $5,000 administrative fine and $590 in unpaid registration fees.
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