Regulatory Alerts2025-10-03
Added · Updated
Bulletin 3215 - October 3, 2025
The Connecticut Department of Banking issued enforcement actions against multiple entities for licensing and regulatory violations. FuturePay Holdings Inc. faces a notice of intent to revoke its small loan license for failing to submit required financial statements, while Zions Debt Holdings LLC and its control persons received a temporary cease and desist order for operating without a license and harassing consumers. Allied Mortgage Group, Inc. and Debt Direct Portfolio Management, LLC entered into consent orders resulting in civil penalties of $5,000 and $23,000 respectively for engaging in unlicensed activities. Horang Securities LLC was fined $2,500 and ordered to cease violations related to broker-dealer agent registration failures.