Finra fines small B-D for misinformation in note sale
WestPark Capital's information in the sale of $3.9 million worth of promissory notes was faulty, according to the regulator.
The Financial Industry Regulatory Authority Inc. this week censured and fined a Los Angeles-based investment bank and broker-dealer, WestPark Capital Inc., $250,000 after it made material misrepresentations to clients in documents when selling promissory notes issued by its parent company.
WestP
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