Regulatory Alerts2026-07-24
Added · Updated
Bulletin 3257 - July 24, 2026
The Connecticut Department of Banking issued a Notice of Intent Not to Renew the mortgage loan originator license for Monir Sami Mamoun due to a failure to demonstrate financial responsibility, leading to the license's expiration. The Commissioner also entered into a Consent Order with Greenwise Financial Solutions, LLC, for engaging in unlicensed debt negotiation, resulting in a $10,000 civil penalty and $1,600 in back licensing fees. GIGGLE FINANCE INC. d/b/a Giggle also received a Consent Order for operating without required commercial financing registration, incurring a $10,000 civil penalty and $2,000 in back registration fees. Additionally, Andrew V. Camarda was directed to cease and desist from transacting business as an unregistered investment adviser agent and paid a $2,500 administrative fine.