Regulatory Alerts2025-03-31
Added · Updated
Spring 2025 Securities Bulletin
The Connecticut Department of Banking’s Securities and Business Investments Division issued enforcement actions and consent orders against multiple entities for securities violations, including unregistered offerings, antifraud breaches, and supervisory lapses. The Division resolved cases involving Valuex Research LLC, Anchored Tiny Homes Franchising LLC, Plutus Financial Holdings Inc., IRWT LLC, ACK Asset Management LLC, and CFP Fund 1, LLC through cease and desist orders, fines, and restitution requirements. Notably, Vanguard Marketing Corporation and The Vanguard Group, Inc. entered a consent order resulting in $92.91 million in remediation and a $13.5 million penalty for failing to disclose capital gains tax implications to investors. The bulletin also includes a quarterly statistical summary of licensing, examinations, and enforcement activities for the first quarter of 2025.