Fined: Wedbush Securities Inc. Fined by FINRA

Fined

Wedbush Securities Inc. Fined by FINRA

An AWC was issued in which the firm was censured and fined $90,000. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it misreported its short positions in equity securities that must be reported pursuant to FINRA Rule 4560 by overstating its short positions and the number of accounts with short positions.

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