Latest News
- Derivatives Operations +
-
Securities Operations
+
- Affirmation, Allocation & Confirmation
- Back Office
- Buy-Side
- Case Studies
- Clearing
- Corporate Actions
- Data Management
- FX Operations
- Hedge Fund Operations
- Industry News
- Mergers & Acquisitions
- Middle-Office
- Operational Risk
- Ops Automation
- Outsourcing
- Private Markets
- Reconciliation & Exceptions
- Risk Management
- Sell-Side
- Settlement
- T+1 Settlement
- Diversity & Human Interest +
- FinTech Trends +
- Opinion +
- Performance Measurement +
- Regulation & Compliance +
- Industry News +
- FTF Media & Content Channels +
- FTF Bull Run Blog
The regulator alleges that the firm’s violations came about via its dealings with Scout Trading.
The Financial Industry Regulatory Authority (FINRA) reports that it has censured and levied a $675,000 fine against Wedbush Securities Inc. for “supervisory violations” that concerned a client’s “chronic fails to deliver” after so-called naked trades of leveraged exchange-traded funds (ETFs), during the January 2010 to March 2012 period. The Wedbush client was broker-dealer Scout Trading,...
Already a subscriber? Login here
