Attention: Money Services Businesses
2013 Foreclosure Prevention Clinics
Department of Banking staff participates in monthly Foreclosure Prevention Clinics, sponsored by the Connecticut Fair Housing Center. These free clinics are offered in Hartford, Bridgeport, Norwalk and Stamford. Please follow the links below for the schedule of dates, locations and directions:
ATTENTION: CONNECTICUT RESIDENTS IMPACTED BY HURRICANE SANDY
Connecticut residents that have experienced property damage, loss or financial hardship resulting from Hurricane Sandy are encouraged to contact their mortgage company immediately to discuss individual options for handling claims.
Commissioner Announces IARD System Fee Waiver for Investment Adviser Firms
Reduced System Fees Reinstated for Investment Adviser Agents
The Commissioner, in conjunction with the North American Securities Administrators Association, Inc., has announced the waiver of Investment Adviser Registration Depository (IARD) system fees for investment adviser firms and the reinstatement of substantially reduced initial set-up and annual system fees paid by investment adviser agents (IARs). For 2013, the initial IARD set-up and renewal fee will be $10 for investment adviser agents. Connecticut registration and notice filing fees will remain unchanged, and the IARD system fee waiver will have no impact on state revenue.
Guidance to Investment Advisers
The Banking Commissioner announced that he has issued three orders providing the securities industry with guidance on how Connecticut would treat certain investment advisers following passage of The Dodd-Frank Wall Street Reform and Consumer Protection Act:
Order Establishing a State Registration Timetable
Order Governing Certain Investment Advisers Exempt from Federal Registration
Order Defining the Term "Client" For Purposes of the Connecticut De Minimis Exemption for Investment Advisers (Amended and Restated)
AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER
The State of Connecticut is an Affirmative Action/Equal Opportunity Employer and strongly encourages the applications of women, minorities, veterans and persons with disabilities.
