Wedbush to pay $2.44 mln to settle SEC market access charges
November 20, 2014 at 11:14 AM EST
WASHINGTON, Nov 20 (Reuters) - Brokerage firm Wedbush Securities will pay a $2.44 million penalty and admit to wrongdoing in a deal to settle civil charges over shoddy risk controls that let thousands of overseas traders gain access to U.S. markets, federal regulators said.