WEDBUSH SECURITIES INC

05/19/2010: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20090176580-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities hie, Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. (the "firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations

Reference 2009017658001data-portal.finra.orgfinra.org

02/18/2020: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2017053704501 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities, Inc., Respondent Member Firm CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent Wedbush Securities, Inc. ("Wedbush" or the "Firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2017053704501data-portal.finra.orgfinra.org

01/16/2020: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2017053173601 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent Wedbush Securities Inc. submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted on the

Reference 2017053173601data-portal.finra.orgfinra.org

11/07/2025: Between June 2018 and December 2022, Wedbush violated Section 15(c)(3) of the Securities Exchange Act of 1934, Exchange Act Rule 15c3-3 and FINRA Rule 2010 by failing to maintain possession or control of customers' fully paid and excess margin securities. During this same period, Wedbush violated FINRA Rules 3110 and 2010 by failing to establish and maintain a supervisory system reasonably designed to achieve compliance with Exchange Act Rule 15c3-3. Between August 2022 and August 2023, Wedbush violated MSRB Rule G-15 and FINRA Rules 2232 and 2010 by failing to disclose required mark-up and mark-down information on retail customer confirmations. Wedbush also violated MSRB Rule G-27 and FINRA Rules 3110 and 2010 by failing to establish and maintain a supervisory system reasonably designed to achieve compliance with MSRB Rule G-15 and FINRA Rule 2232. For these violations, Wedbush is censured and fined $150,000.

Reference 2022074793701finra.orgdata-portal.finra.org

09/18/2024: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2023077658401 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wedbush Securities Inc. (Respondent) Member Firm CRD No. 877 Pursuant to FINRA Rule 9216, Respondent Wedbush Securities Inc. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC.

Reference 2023077658401data-portal.finra.orgfinra.org

08/12/2016: SECURITIES AND EXCHANGE COMMISSION Washington, D.C. SECURITIES EXCHANGE ACT OF 1934 Release No. 78568 / August 12, 2016 Admin. Proc. File No. 3-16329 In the Matter of the Application of WEDBUSH SECURITIES, INC. and EDWARD WILLIAM WEDBUSH For Review of Disciplinary Action Taken by FINRA OPINION OF THE COMMISSION REGISTERED SECURITIES ASSOCIATION-REVIEW OF DISCIPLINARY PROCEEDINGS Member firm committed 158 regulatory reporting violations, and member firm and its president failed to reasonably

08/02/2012: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. WEDBUSH SECURITIES, INC. (CRD No. 877), and EDWARD WILLIAM WEDBUSH (CRD No. 461221), Respondents. Disciplinary Proceeding No. 20070094044 Hearing Officer - LBB EXTENDED HEARING PANEL DECISION Dated: August 2, 2012 Respondent Wedbush Securities, Inc. is fined $300,000 for reporting failures with respect to Forms U4 and U5, NYSE Forms RE-3, and NASD Rule 3070; and for failure to supervise its

Reference 2007009404401data-portal.finra.orgdata-portal.finra.orgfinra.org

04/08/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20130362140-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. (the "firm" or "Respondent") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations

Reference 2013036214001finra.orgdata-portal.finra.org

09/10/2012: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. WEDBUSH SECURITIES, INC. (CRD No. 877), RICHARD A. LANNI (CRD No. 302249), and RONALD E. VOGEL (CRD No. 455321), Respondents. Disciplinary Proceeding No. 2008012738002 Hearing Officer - MAD ORDER ACCEPTING OFFER OF SETTLEMENT Date: September 10, 2012 INTRODUCTION Disciplinary Proceeding No. 2008012738002 was filed on February 2, 2011, by the Department of Enforcement of the Financial Industry

Reference 2008012738002data-portal.finra.orgfinra.org

08/18/2014: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Market Regulation and Department of Enforcement, Complainants, v. Wedbush Securities Inc. (CRD No. 877), Respondent. Disciplinary Proceeding No. 20090206344-01 COMPLAINT The Departments of Market Regulation and Enforcement allege: Summary 1. This matter involves egregious and systemic anti-money laundering ("AML") and supervisory violations committed by Wedbush Securities Inc. ("Wedbush" or the "Firm") during the period between

12/01/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Market Regulation and Department of Enforcement, Complainants, V. Wedbush Securities Inc. (CRD No. 877), Respondent. Disciplinary Proceeding No. 2009020634401 Hearing Officer: KBW ORDER ACCEPTING OFFER OF SETTLEMENT Date: December 1, 2015 INTRODUCTION Disciplinary Proceeding No. 2009020634401 was filed on August 18, 2014, by the Department of Market Regulation and the Department of Enforcement of the Financial

Reference 2009020634401data-portal.finra.orgfinra.orgdata-portal.finra.org

03/31/2017: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20150464566-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc., (the "firm" or "Respondent") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described

Reference 2015046456601data-portal.finra.orgfinra.org

04/11/2018: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20140412617-02 TO: Department of Enforcement Financial Industry Regulatory Authority (“FINRA”) RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA’s Code of Procedure, Wedbush Securities Inc. (the “firm” or “Respondent”) submits this Letter of Acceptance, Waiver and Consent (“AWC”) for the purpose of proposing a settlement of the alleged rule violations

Reference 2014041261702data-portal.finra.orgfinra.org

09/19/2024: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021069504101 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wedbush Securities Inc. (Respondent) Member Firm CRD No. 877 Pursuant to FINRA Rule 9216, Respondent Wedbush Securities Inc. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC.

Reference 2021069504101finra.orgdata-portal.finra.org

06/25/2013: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20090170026-03 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc., (the "firm"), submits this Letter of Acceptance, Waiver and Consent ("AWC") for the puipose of proposing a settlement ofthe alleged rule violations described below.

Reference 2009017002603data-portal.finra.orgfinra.org

04/09/2013: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Wedbush Securities, Inc. (CRD No. 877), and Eric Segall, (CRD No. 1071881), Respondents. Disciplinary Proceeding No. 2009020701901 Hearing Officer: MC ORDER ACCEPTING OFFER OF SETTLEMENT Date: April 9, 2013 INTRODUCTION The Amended Complaint in Disciplinary Proceeding No. 2009020701901 was filed on February 24, 2012, by the Department of Enforcement of the Financial Industry Regulatory Authority

Reference 2009020701901data-portal.finra.orgfinra.org

09/27/2013: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20090166413-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc.1 Broker-Dealer CR.D No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. (the "firm") submits this Letter of Acceptance. Waiver and Consent C:AWC") for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted

Reference 2009016641301data-portal.finra.orgfinra.org

08/18/2017: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20140399398-01 TO: Department of Market Regulation Financial lndustry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. (the "firm" or "Respondent") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations

Reference 2014039939801data-portal.finra.orgfinra.org

09/27/2017: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20110305980-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc., (the "-firm" or "Respondent") submits this Letter of Acceptance, Waiver

Reference 2011030598001data-portal.finra.orgfinra.org

11/21/2012: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20080150845-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure. Wedbush Securities Inc. ( the "firm'') submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a

Reference 2008015084501data-portal.finra.orgfinra.org

09/27/2022: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019061872201 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wedbush Securities, Inc. (Respondent) Member Firm CRD No. 877 Pursuant to FINRA Rule 9216, Respondent Wedbush Securities, Inc. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC.

Reference 2019061872201data-portal.finra.orgfinra.org

10/22/2014: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20100215440-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc., formerly known as Wedbush Morgan Securities Inc. during all relevant times applicable to this matter (the "frm" or ''Respondent"), submits this Letter of Acceptance, Waiver and

Reference 2010021544001finra.orgdata-portal.finra.org

01/19/2023: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2017054491001 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wedbush Securities Inc. (Respondent) Member Firm CRD No. 877 Pursuant to FINRA Rule 9216, Respondent Wedbush Securities Inc. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC.

Reference 2017054491001data-portal.finra.orgfinra.org

12/20/2016: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20150464712-01 TO: Department of Market Regulation Financial Industry Regulatory Authority (''FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. (the "firm" or "Respondent") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described

Reference 2015046471201data-portal.finra.orgfinra.org

08/19/2010: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20090186422-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. (the "firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is

Reference 2009018642201finra.orgdata-portal.finra.org

12/15/2011: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20090185213-01 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Member Firm CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent Wedbush Securities Inc. submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted

Reference 2009018521301data-portal.finra.orgfinra.org

10/20/2010: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO 20080132252-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. (the "firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is

Reference 2008013225201data-portal.finra.orgfinra.org

06/25/2013: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Market Regulation, Complainant, V. Wedbush Securities Inc., (CRD No. 877), Respondent. Disciplinary Proceeding No. 20070077690 Hearing Officer - MAD ORDER ACCEPTING OFFER OF SETTLEMENT DATE: INTRODUCTION Disciplinary Proceeding No. 20070077690 was filed on March 30, 2012, by the Department of Market Regulation ofthe Financial Industry Regulatory Authority (FINRA or Complainant). A hearing on the merits was held from

Reference 2007007769001data-portal.finra.orgfinra.org

06/04/2014: FINANCIAL INDUSTRY REGULATORY AUTHORIITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, COMPLAINANT, v. WEDBUSH SECURITIES INC., CRD No. 877, RESPONDENT. DISCIPLINARY PROCEEDING No. 2012034934301 COMPLAINT The Department of Enforcement alleges: INTRODUCTION 1. In 2012 and 2013, Respondent Wedbush Securities Inc. (“Wedbush") (1) failed to provide trade data requested by the SEC and FINRA, commonly known as "blue sheets," for more than 160,000 trades that it executed for correspondent

08/27/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, V. WEDBUSH SECURITIES INC., (CRD No. 877), Respondent. Disciplinary Proceeding No. 2012034934301 Hearing Officer-LOM EXTENDED HEARING PANEL DECISION August 27, 2015 Respondent submitted incomplete and inaccurate blue sheets to the SEC in willful violation of Securities Exchange Act Section 17(a) and SEC Rules 17a 4(i) and 17a-25, along with FINRA Rule 2010 (First Cause of Action).

Reference 2012034934301data-portal.finra.orgdata-portal.finra.orgfinra.org

12/09/2014: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20110261076-03 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc., (the "firm"), submits this Letter of Acceptance, Waiver and Consent (''AWC") for the purpose of proposing a settlement of the alleged rule violations described below. This AWC

Reference 2011026107603data-portal.finra.orgfinra.org

11/15/2023: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021070332301 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wedbush Securities Inc. (Respondent) Member Firm CRD No. 877 Pursuant to FINRA Rule 9216, Respondent Wedbush Securities Inc. (Wedbush) submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2021070332301data-portal.finra.orgfinra.org

11/03/2022: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019062118301 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wedbush Securities Inc. (Respondent) Member Firm CRD No. 877 Pursuant to FINRA Rule 9216, Respondent Wedbush Securities Inc. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC.

Reference 2019062118301data-portal.finra.orgfinra.org

09/22/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20130358244-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc., (the "firm" or "Respondent") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations

Reference 2013035824401data-portal.finra.orgfinra.org

10/16/2013: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20090181461-01 TO: Department of Market Regulation Financial Industy Regulatory Authority ("FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. (the "firm") submits this Letter of Acceptance, Waiver and Consent (''AWC") for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2009018146101data-portal.finra.orgfinra.org

02/05/2018: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Wedbush Securities Inc., CRD No. 877, Respondent. Disciplinary Proceeding No. 2012033105901 Hearing Officer DW ORDER ACCEPTING OFFER OF SETTLEMENT Date: February 5, 2018 INTRODUCTION Disciplinary Proceeding No. 2012033105901 was filed on May 27, 2016, by the Department of Enforcement (“Enforcement”) of the Financial Industry Regulatory Authority

05/27/2016: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Wedbush Securities Inc. (CRD No. 877), Respondent. DISCIPLINARY PROCEEDING No. 2012033105901 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. On multiple occasions between June 2009 and June 2012, Wedbush Securities Inc. ("Wedbush" or the "Firm") put customer assets at risk in disregard of its obligations under the Customer Protection Rule. 2. During exams in 2009, 2010 and 2011, FINRA

Reference 2012033105901data-portal.finra.orgfinra.orgdata-portal.finra.org

11/18/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Market Regulation, Complainant, v. Wedbush Securities Inc. (CRD No. 877), Respondent. Disciplinary Proceeding No. 20120320803-01 Hearing Officer - CC ORDER ACCEPTING OFFER OF SETTLEMENT Date: November 17, 2015 INTRODUCTION Disciplinary Proceeding No. 20120320803-01 was filed on December 18, 2014, by the Department of Market Regulation of the Financial Industry Regulatory Authority (FINRA) (Complainant).

12/18/2014: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Market Regulation, Complainant, v. Wedbush Securities Inc. (CRD No. 877), Samantha Arrieta McAfee (CRD No. 5058580), Peter Julijs Auzers (CRD No. 832670), and Shiva Naby (CRD No. 5634974), Respondents. Disciplinary Proceeding No. 20120320803-01 COMPLAINT The Department of Market Regulation alleges: Summary 1. On two occasions, in April 2012 and again in September 2012, Respondents Wedbush Securities Inc.

Reference 2012032080301finra.orgdata-portal.finra.orgdata-portal.finra.org

02/25/2016: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20100243866-03 TO: Department of Market Regulation Financial Industry Regulatory Authority (''FINRA") RE: Wedbush Securities Inc., Respondent Broker-Dealer CRD No. 877 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Wedbush Securities Inc. ("Wedbush," the ''firm," or ''Respondent"), which was formerly known as Wedbush Morgan Securities Inc. prior to April 19, 2010, submits this Letter of Acceptance, Waiver and

Reference 2010024386603data-portal.finra.orgfinra.org