Advisory firm Lanterne cops $1.25M penalty for 'effectively ignoring' AFSL obligations

Advisory firm Lanterne cops $1.25M penalty for ‘effectively ignoring’ AFSL obligations

Financial Services 2024-04-11 11:48 pm By Andy Sidler | Melbourne

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Advisory firm Lanterne Fund, which operated as a ‘licensee for hire’, has been hit with a $1.25 million penalty for breaching its obligations as a financial services licence holder.

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