Regulatory Alerts2024-04-26
Added · Updated
Bulletin 3140 - April 26, 2024
Berkshire Bank filed notice to close three Connecticut branches by June 28, 2024, while Fieldpoint Private Bank & Trust withdrew its intent to close a New York branch. SoundView Financial Credit Union requested approval to amend its bylaws to change its name to Albright Credit Union. The Commissioner issued an Order of Summary Suspension and Notice of Intent to Revoke Binance.US's money transmission license due to alleged violations of investment and anti-money laundering requirements. A Consent Order requires Sigue Corporation to pay a $300,000 civil penalty and restricts its CEO from acting as a control person in Connecticut money transmission activities. Notices of Intent to Revoke broker-dealer registrations were issued against Arcview Capital, Horang Securities, Phillips & Company Securities, and Radius Securities for failing to maintain required agent registrations.