Wedbush wealth management had ‘pervasive’ texting problems: SEC
Wedbush staff members sent and received messages related to providing investment advice to the firm's clients, according to the SEC.
Wall Street regulators Tuesday hit broker-dealers with another round of hundreds of millions of dollars in penalties for failing to catch executives and traders using unofficial communications like WhatsApp.
But of the 11 firms that agreed to pay $289 million to settle the matter with the Securi
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