The Department of Banking News Bulletin
Bulletin # 3062 - Week Ending October 28, 2022
This bulletin constitutes the only official notification you will receive from this office concerning any of the following applications. Any observations you may have are solicited. Any comments should be in writing to Jorge L. Perez, Banking Commissioner, Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800. Written comments will be considered only if they are received within ten business days from the date of this bulletin.
Section 36a-145 of the Connecticut General Statutes requires that certain applications for a branch or limited branch at which loans will be made address how the establishment of the branch will be consistent with safe and sound banking practices and promote the public convenience and advantage. Plans may be submitted when such applications are filed and any plans that are filed will be made available for public inspection and comment at the Department for a period of 30 days. Questions concerning branch activity should be directed to the Financial Institutions Division at (860) 240-8180.
DATE: October 6, 2022
BANK: The Milford Bank, Milford
LOCATION: FROM: 1455 Boston Post Road, Milford, CT 06460
TO: 51 Roses Mill Road, Milford, CT 06460
ACTIVITY-BRANCH TYPE: Filed Notice of Branch Relocation
PROPOSED RELOCATION DATE: March 1, 2023
DATE: October 21, 2022
BANK: Dime Bank, Norwich
LOCATION: 135 Talcottville Road, Vernon, CT 06066
ACTIVITY-BRANCH TYPE: Approved to Establish Full Service Branch
ANTICIPATED OPENING DATE: 4th Quarter 2022
SECURITIES AND BUSINESS INVESTMENTS ACTIVITY
Hudson Bay Capital Management LP (IARD No. 155910)
On October 24, 2022, the Banking Commissioner entered into a Stipulation and Agreement (No. ST-22-202246-S) with Hudson Bay Capital Management LP of 28 Havemeyer Place, 2nd Floor, Greenwich, Connecticut 06830. The Stipulation and Agreement alleged that the firm, which is registered as an investment adviser with the Securities and Exchange Commission, violated the Connecticut Uniform Securities Act by failing to make the notice filing required by Section 36b-6(e) of the Act. In resolution of the matter, the firm agreed to refrain from regulatory violations and to pay a $2,500 fine to the agency.
Jorge L. Perez