top of page
All Articles


FINRA Censures Herold and Lantern Investments, Imposes $125,000 Penalty Over Anti-Money Anti-Money Failures
Herold and Lantern Investments Incorporated has been formally censured and ordered to pay a $125,000 penalty by the Financial Industry Regulatory Authority after regulators uncovered major shortcomings in the firm’s anti-money laundering safeguards. The enforcement action followed findings that the brokerage failed to establish a compliance framework capable of reasonably detecting and reporting suspicious activity related to low-priced securities between November 2020 and Ma
Mar 66 min read
bottom of page
