The SEC has upheld a FINRA ruling to fine Wedbush founder Edward Wedbush $50,000 and suspend him for 31 days for allegedly failing to supervise mandated regulatory filings, according to a decision from the regulator made Aug. 12.

The SEC's decision also upheld a $300,000 fine against the firm.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access