In October 2024, while registered with FINRA through an association with Purshe, Bystol borrowed $400,000 from his customer, a personal friend, without providing prior notice to or obtaining prior written approval from the firm. Therefore, Bystol violated FINRA Rules 3240 and 2010. For these violations, Bystol is suspended for three months and fined $5,000.

Since September 2022, Mirae has failed to establish, maintain, and enforce a supervisory system, including written supervisory procedures, reasonably designed to achieve compliance with rules and laws prohibiting manipulative trading, including prearranged, coordinated, and momentum ignition trading, in violation of FINRA Rules 3110 and 2010. For these violations, Mirae is censured, fined $18,550, and required to certify that it has remediated the issues identified in this AWC.