WEDBUSH SECURITIES INC. of PASADENA, CA is an SEC-registered investment adviser (CRD 877). Regulatory assets under management: $5.7B. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM, Fixed, Commissions.
Clients served: Individuals, High net worth, Pooled vehicles, Pensions, Charities.
Showing 25 of 64 people.
| Name | Role | Location |
|---|---|---|
| Christopher Michael Mone | EXECUTIVE VICE PRESIDENT | — |
| Gary Lance Wedbush | PRESIDENT, DIRECTOR | — |
| Donald Wayne Hultgren | EXECUTIVE CHAIR, DIRECTOR | — |
| Daniel Eric Billings | EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, DIRECTOR | — |
| Robert Gerard Fitzsimmons | EXECUTIVE VICE PRESIDENT | — |
| Andrew Walter Druch | EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL, CHIEF ADMINISTRATIVE OFFICER, DIRECTOR | — |
| Robert Edward Paset | EXECUTIVE VICE PRESIDENT | — |
| Kirsten Campbell Fraunces | EXECUTIVE VICE PRESIDENT | — |
| Francis Burke Dempsey | EXECUTIVE VICE PRESIDENT | — |
| Erin Kathleen Preston | CHIEF COMPLIANCE OFFICER | — |
| Geoffrey Conor Bland | DIRECTOR | — |
| Rodrigo Nmn Parrode | EVP, CHIEF OPERATING OFFICER | — |
| David Larkin George | VICE PRESIDENT, DIVISION MANAGER, ROFSP; VICE PRESIDENT, DIVISION MANAGER, SROP - IC | — |
| David Ellis George | SENIOR VICE PRESIDENT, DIVISION MANAGER, ROSFP; VICE PRESIDENT, DIVISION MANAGER, ROFSP; VICE PRESIDENT, DIVISION MANAGER, SROP - IC | — |
| DAVIS LAWRENCE C | DIRECTOR | — |
| ALLMANWARD ANTONY PETER | CHIEF FINANCIAL OFFICER; CHIEF OPERATIONS OFFICER | — |
| HALE VAUGHN THOMAS | CROP; SENIOR VICE PRESIDENT | — |
| LANGDON HARRY L | DIRECTOR | — |
| RINGER THOMAS L | DIRECTOR; DIRECTOR, VICE CHAIRMAN | — |
| WEDBUSH EDWARD WILLIAM | CEO & DIRECTOR; CHIEF COMPLIANCE OFFICER; CO-CHIEF COMPLIANCE OFFICER (+4 more) | — |
| YELLEN SAM | DIRECTOR | — |
| LUIKART JOHN FORD | CHAIRMAN, BOARD OF DIRECTORS; DIRECTOR | — |
| BOUTRIS DEMETRIOS A | DIRECTOR | — |
| RICHARDS R JAMES | CHIEF COMPLIANCE OFFICER & EXECUTIVE VICE PRESIDENT; CHIEF OPERATIONS OFFICER & SENIOR VICE PRESIDENT; EXECUTIVE VICE PRESIDENT | — |
| DELANEY MARY JANE | DIRECTOR | — |
Showing 10 of 125 distinct disclosure events.
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2023-08-08 | regulatory | THE COMMODITY FUTURES TRADING COMMISSION (THE "COMMISSION") ALLEGED THAT FROM AT LEAST 2018 TO THE PRESENT (THE "RELEVANT PERIOD"), APPLICANT VIOLATED SECTION 4G OF THE COMMODITY EXCHANGE ACT ("ACT"), 7 U.S.C. § 6G, AND COMMISSION REGULATIONS ("REGULATIONS") 1.31, 1.35, AND 166.3, 17 C.F.R. §§ 1.31,… | Final | $6.0M |
| 2023-08-08 | regulatory | THE SEC ALLEGED THAT WEDBUSH FAILED TO ADHERE TO CERTAIN RECORDKEEPING REQUIREMENTS AND WEDBUSH'S OWN POLICIES. USING THEIR PERSONAL DEVICES, EMPLOYEES COMMUNICATED BOTH INTERNALLY AND EXTERNALLY BY PERSONAL TEXT MESSAGES, OR OTHER TEXT MESSAGING PLATFORMS SUCH AS WHATSAPP ("OFF-CHANNEL COMMUNICATIO… | Final | $10.0M |
| 2022-11-03 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, WEDBUSH SECURITIES INC. ("WS") CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT WS NEGLIGENTLY MISREPRESENTED THE DEFAULT STATUS OF BONDS ON CUSTOMER ACCOUNT STATEMENTS. THE FINDINGS STATED THAT WS GENERATED AND DISTRIBUTED MORE THAN 19,600 MONT… | Final | $850K |
| 2022-01-10 | regulatory | NYSE ARCA ENFORCEMENT ALLEGED THAT: THE FIRM FAILED TO ESTABLISH AND MAINTAIN A REASONABLE SUPERVISORY SYSTEM AS TO THE FIRM'S FOUNDER AND FORMER PRESIDENT, AND CERTAIN ACCOUNTS THAT HE ACTIVELY TRADED ON BEHALF OF CUSTOMERS, HIMSELF, AND THE FIRM OR ITS AFFILIATES; THE FIRM CONTINUED TO ALLOW THE F… | Final | $500K |
| 2021-12-15 | regulatory | THE SECURITIES AND EXCHANGE COMMISSION (THE "COMMISSION") ALLEGED THAT FROM JANUARY 2017 THROUGH SEPTEMBER 2018 (THE "RELEVANT PERIOD"), THE FIRM ENGAGED IN UNREGISTERED OFFERS AND SALES OF LARGE BLOCKS OF LOW-PRICED SECURITIES BY AN OFFSHORE CUSTOMER, IN VIOLATION OF SECTIONS 5(A) AND 5(C) OF THE S… | Final | $1.0M |
| 2020-02-18 | regulatory | DUE TO SYSTEM ISSUES THAT AROSE DURING ITS TRANSITION BETWEEN THIRD-PARTY ORDER MANAGEMENT SYSTEMS, THE FIRM FAILED TO TRANSMIT ROES TO OATS. THE FINDINGS STATED THAT DUE TO THE SAME SYSTEM ISSUES, THE FIRM TRANSMITTED ROES CONTAINING INACCURATE, INCOMPLETE, OR IMPROPERLY FORMATTED DATA TO OATS. | Final | $30K |
| 2020-01-16 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT MISREPORTED ITS SHORT POSITIONS IN EQUITY SECURITIES THAT MUST BE REPORTED PURSUANT TO FINRA RULE 4560. THE FINDINGS STATED THAT THE FIRM REPORTED A TOTAL OF 1,911 SHORT POSITIONS TOTA… | Final | $90K |
| 2019-09-30 | regulatory | IA RELEASE 5386, SEPTEMBER 30, 2019: THE SECURITIES AND EXCHANGE COMMISSION DEEMS IT APPROPRIATE AND IN THE PUBLIC INTEREST THAT PUBLIC ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS BE INSTITUTED AGAINST WEDBUSH SECURITIES, INC. ("RESPONDENT"). ON THE BASIS OF THIS ORDER AND RESPONDENT'S OFFER, TH… | Final | — |
| 2019-06-18 | regulatory | SEC ADMIN RELEASES 33-10650, 34-86133 / JUNE 18, 2019: THE SECURITIES AND EXCHANGE COMMISSION DEEMS IT APPROPRIATE AND IN THE PUBLIC INTEREST THAT PUBLIC ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS BE INSTITUTED AGAINST WEDBUSH SECURITIES, INC., ("WEDBUSH" OR "RESPONDENT"). ON THE BASIS OF THIS… | Final | $2.4M |
| 2018-12-10 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO MAINTAIN A CONTINUOUS TWO-SIDED TRADING INTEREST DURING REGULAR MARKET HOURS, AT PRICES WITHIN CERTAIN PERCENTAGES AWAY FROM THE NATIONAL BEST BID OR OFFER ("NBBO"). THE FIND… | Final | $15K |
Showing 15 of 40 offices.
| City | State | Employees | Phone |
|---|---|---|---|
| PASADENA | CA | 40 | 213-688-8000 |
| DENVER | CO | 13 | 303-571-4949 |
| PASADENA | CA | 12 | 626-737-0555 |
| SEATTLE | WA | 11 | 206-623-3040 |
| LOS ANGELES | CA | 10 | 213-688-8000 |
| NEWPORT BEACH | CA | 9 | 949-719-3200 |
| SAN DIEGO | CA | 9 | 619-321-5700 |
| ANCHORAGE | AK | 8 | 907-273-2300 |
| LA JOLLA | CA | 8 | (858) 454-3551 |
| RADNOR | PA | 8 | 215-435-3554 |
| LAKE OSWEGO | OR | 7 | 503-675-3100 |
| NEW YORK | NY | 6 | 212-938-9953 |
| DALLAS | TX | 5 | 214-451-6905 |
| SCOTTSDALE | AZ | 4 | 480-778-8540 |
| WOODLAND HILLS | CA | 3 | 818-226-6740 |