Wall Street firm Wedbush settles with the SEC, which accused it of ignoring an employee's 'long-running pump-and-dump scheme'

2:00pm PDT - March 13th, 2019    southwest 737 max - Business Insider

Wedbush Securities will pay a $250,000 penalty and has agreed to be censured to settle a charge related to what the Securities and Exchange Commission described as an employee's "long-running pump-and-dump scheme." The scheme targeted retail investors, the SE…