State of Connecticut Department of Banking

{FREE Homeowners Mortgage Assistance Event Sponsored by Governor Malloy, Attorney General Jepsen and the CT Dept. of Banking}

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Mortgage Assistance Event

Governor Dannel P. Malloy, Attorney General George Jepsen and the Department of Banking, will co-host a Homeowners Mortgage Assistance Event on Tuesday, July 10, 2012, from 10:00 a.m. to 7:00 p.m. at the University of Connecticut in Storrs, CT. This free event will provide an opportunity for Connecticut borrowers to work one-on-one with their bank or loan servicer, or to meet with a HUD-approved housing counselor.

Notice of Declaratory Ruling Proceeding

Notice is hereby given that the Department of Banking, pursuant to Section 4-176(e)(2) of the Connecticut General Statutes, has initiated a comment period for a declaratory ruling regarding the interpretation of the exemption to debt negotiation regulatory requirements provided in Section 36a-671c of the 2012 Supplement to the General Statutes for “[a]ny attorney admitted to the practice of law in this state who engages or offers to engage in debt negotiation as an ancillary matter to such attorney’s representation of a client”. Comments regarding this declaratory ruling must be submitted in writing no later than May 24, 2012, to: Howard F. Pitkin, Banking Commissioner, State of Connecticut, Department of Banking, 260 Constitution Plaza, Hartford, CT 06103, in the manner prescribed by Section 36a-1-87(c) of the Regulations of Connecticut State Agencies.

A notice of the proceeding and the petition for declaratory ruling are linked below.

Notice of Declaratory Ruling Proceeding (pdf file, 132 KB)
Petition for Declaratory Ruling (pdf file, 764 KB)

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:

CT residents may also be interested in the publication Representing Yourself in Foreclosure: A Guide for Connecticut Homeowners.

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)