Articles Posted in Hornor

FINRA Fines Hornor, Townsend & Kent $275,000 Over L-Share Variable Annuity Sales Practices
InvestorLawyers

As part of its ongoing enforcement focus on variable annuity (“VA”) sales practices, the Financial Industry Regulatory Authority (“FINRA”) recently censured and fined Hornor, Townsend & Kent, Inc. (“HTK”) $275,000 for its alleged failure to supervise its brokers’ sales of VAs. HTK (CRD# 4031), headquartered in Horsham, PA, is a full-service broker-dealer that offers a…

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