Regulatory Alerts2003-07-25
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News Bulletin 2057 - July 25, 2003
The Connecticut Department of Banking solicits public comments on branch applications from Farmington Savings Bank and Bank of Westport, with written submissions due within ten days. The Commissioner issued a notice of intent not to disapprove the acquisition by Capital Investments Management Limited and Orbitex Management Limited of more than 25% of the voting securities of Circle Trust Company. Additionally, Medical Media Systems, Inc. agreed to pay a $2,500 fine for failing to file two Rule 506 notices within the required 15-day period under the Connecticut Uniform Securities Act.
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