Proceeding Number 20070094044

Extended Hearing Panel Decision in Department of Enforcement v. Wedbush Securities Inc. and Edward W. Wedbush

August 2, 2012

Respondent Wedbush Securities, Inc. is fined $300,000 for reporting failures with respect to Forms U4 and U5, NYSE Forms RE-3, and NASD Rule 3070; and for failure to supervise its registration reporting. Respondent Edward William Wedbush is fined $25,000 and suspended from all supervisory activities, other than the supervision of trading and order entry, for 31 days, for failure to supervise the Firm’s registration filings.

 

This decision has been appealed.

View Decision (PDF 136 KB)