Fined: Lek Securities Corporation Fined by FINRA

Fined

Lek Securities Corporation Fined by FINRA

An Offer of Settlement was issued in which the firm was suspended from selling or accepting for deposit any low-priced security until it certifies to FINRA® that it has implemented the recommendations of an independent consultant, fined $200,000 and required to retain one or more qualified independent consultants to conduct a comprehensive review of its supervisory system and its compliance with anti-money laundering (AML) and Section 5 of the Securities Act of 1933 obligations in connection with stock trading in low-priced securities.

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