Wedbush Securities hit with $900,000 fine for trading problems
![Wedbush](https://s32566.pcdn.co/wp-content/uploads/2022/09/Finra-02-951x634.jpg.optimal.jpg)
The Los Angeles-based firm has had a history of failing to supervise certain trades that resulted in scrutiny from regulators and penalties.
The Financial Industry Regulatory Authority Inc. Tuesday fined Wedbush Securities Inc. $900,000 for trading violations called "failed-to-deliver positions," which occur when a seller fails to deliver securities to the buyer when delivery is due.
Los Angeles-based Wedbush Securities has 550 regist
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