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FINRA disciplinary action update #44

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Thomas Hyrkiel

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Disciplinary decisions issued December 22 – 28, 2023.

WestPark Capital censured and fined for alleged AML and other compliance failures

The firm did not establish and implement reasonable AML procedures for detecting suspicious trading including market manipulation. The firm’s trade review procedures were inadequate given the volume of transactions the firm facilitated. Suspicious trading patterns and red flags

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