Regulatory Alerts2026-03-31
Added · Updated
Spring 2026 Securities Bulletin
The Connecticut Banking Commissioner fined Jason A. Goodhue $15,000 and ordered him to cease and desist for fraudulent electronic communications and unauthorized discretionary trading that resulted in $73,000 in missing funds. The Commissioner revoked the investment adviser registration of J. Davenport Advisors, LLC and the agent registration of John F. Davenport, while barring Davenport from transacting business in Connecticut for seven years due to recordkeeping failures, inaccurate disclosures, and misrepresentations. Conditional registrations were granted to Summer Family Advisors, LLC and Maximilian Montagnino, and Layered Financial, LLC, imposing restrictions on custody, supervisory consulting, and product advice to address experience deficiencies.