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IN THE MATTER OF:

STEVEN GRAY
CRD NO. 2665911

    ("Respondent")

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MODIFICATION TO
FINDINGS OF FACT,
CONCLUSIONS OF LAW
AND ORDER


WHEREAS, on July 13, 2007, the Banking Commissioner issued Findings of Fact, Conclusions of Law and Order, In The Matter of:  Steven Gray;

AND WHEREAS, a clerical error exists in Paragraph 2) of the Order concerning the payment of the fine imposed on Respondent.
NOW THEREFORE, pursuant to Section 4-181a(c) of the Connecticut General Statutes, the Banking Commissioner hereby issues this Modification to Findings of Fact, Conclusions of Law and Order:
“2)    “Pursuant to Section 36b-27(d)(2) of the 2006 Supplement to the General Statutes, Respondent Steven Gray shall pay a FINE in the amount of Three Hundred Thousand Dollars ($300,000).  The fine shall be paid by cashier’s check, certified check or money order, made payable to “Treasurer, State of Connecticut”, no later than ninety (90) days from the date this Order is mailed.”


Dated at Hartford, Connecticut
this 18th day of July 2007.                       ________/s/_________
                                                            Howard F. Pitkin
                                                            Banking Commissioner



This Modification was sent by registered mail,
return receipt requested, to Respondent and
Respondent’s attorneys on July 18, 2007.


Steven Gray                    Registered Mail No. RB 027 865 513 US
2552 East 11 Street
Brooklyn, NY 11235


Stuart A. Jackson, Esq.      Registered Mail No. RB 027 865 527 US
70 East 55th Street
New York, NY 10022-3222


Stacey R. J. Perkins, Esq.    Registered Mail No. RB 027 865 535 US
11 Cleft Rock Lane
Woodbridge, CT 06525


Administrative Orders and Settlements