Desteph v. Department of Banking

Opinion

In this case, the plaintiff, Thomas F. DeSteph, filed an appeal from the final decision of the defendant, Howard F. Pitkin, commissioner of the department of banking, which made permanent a cease and desist order issued to the plaintiff relating to the sale of securities in violation of the Connecticut Uniform Securities Act, General Statutes § 36b-2 et seq., and regulations promulgated thereunder, and imposed a fine of $30,000 for three violations of it. The trial court rendered judgment dismissing the appeal.

Our examination of the record and briefs and our consideration of the…