State of Connecticut Department of Banking

* * * * * * * * * * * * * * * * * * *


IN THE MATTER OF:

STEPHEN ROY DESIDERIO 
CRD NO. 2833627  

* * * * * * * * * * * * * * * * * * *

 *
*
*
*
*
*
*
*
*

CERTIFICATION

DOCKET NO. CF-2006-7250-S

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

1. On April 27, 2006, the Commissioner issued an Order to Cease and Desist (“Order”), Notice of Intent to Fine and Notice of Right to Hearing In the Matter of:  Stephen Roy Desiderio (“Respondent”) (collectively “Notice”), which 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 April 28, 2006, the Notice was sent by registered mail, return receipt requested, to Respondent;
4. On May 25, 2006, the Notice was returned to the Department of Banking marked “Return to Sender – Unclaimed”;
5. On May 26, 2006, the Notice was served on the Commissioner, and on May 30, 2006, in accordance with Section 36b-33(g) of the 2006 Supplement to the General Statutes, Notice of Service on the Banking Commissioner, dated May 30, 2006 (“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 June 14, 2006, the Order issued against Respondent became permanent.
                                  JOHN P. BURKE
                                  BANKING COMMISSIONER


                                                    By: _________/s/___________
Dated at Hartford, Connecticut                Nirja Savill
this 15th day of June 2006.                     Principal Attorney


Administrative Orders and Settlements