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FINRA disciplinary action update #12

Montage of person walking by the FINRA sign.
Photo: Getty Images

Disciplinary decisions issued May 5 – May 11, 2023.

William O’Neil Securities censured and fined for alleged supervisory failures

The firm failed to record or reasonably supervise two private securities transactions. It also did not disclose a number of non-securities-related outside business activities by its registered representatives.

Arque Capital censured and fined for alleged net capital deficiencies

The