Lenox Financial Services, Inc. Fined by FINRA
18 October 2018
An AWC was issued in which the firm was censured and fined $15,000. A lower fine was imposed after considering, among other things, the firm’s revenue and financial resources. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it failed to make required financial interest and beneficial ownership disclosures in research reports.
