Torres Joel Certification

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IN THE MATTER OF:

JOEL TORRES

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CERTIFICATION

DOCKET NO. CF-10-7746-S

The undersigned hereby certifies, on behalf of the Banking Commissioner (“Commissioner”), that:

1.	On July 15, 2010, the Commissioner issued an Order to Cease and Desist (“Order”), Notice of Intent to Fine and Notice of Right to Hearing (collectively “Notice”) against Joel Torres (“Respondent”), a copy of the Notice is attached hereto and incorporated by reference herein;
2.	The Order provided that it would remain in effect and become permanent against Respondent if a hearing was not requested within 14 days of its receipt;
3.	On July 15, 2010, the Notice was sent by certified mail, return receipt requested, to Respondent;
4.	On July 26, 2010, the Notice was returned to the Department of Banking marked “Return To Sender – Attempted – Not Known – Unable to Forward”;
5.	On July 27, 2010, the Notice was served on the Commissioner, and on July 28, 2010, in accordance with 36b-33(h) of the General Statutes of Connecticut, as amended by Public Act 10-141, Notice of Service on the Banking Commissioner In the Matter of: Joel Torres dated July 27, 2010 (“Notice of Service”), was sent by registered mail, return receipt requested, to Respondent;
6.	Respondent has failed to request a hearing on the matters set forth in the Order within 14 days of the date of the Notice of Service; and
7.	On August 11, 2010, the Order issued against Respondent became permanent.

Dated at Hartford, Connecticut,		HOWARD F. PITKIN
this 20th day of August 2010.		BANKING COMMISSIONER


By:	_______/s/________________
	Paul A. Bobruff
	Principal Attorney

State of Connecticut Department of Banking