a board that says bond market on it signifying the municipal bonds being sold by wedbush morgan securities

Wedbush Morgan Securities Fined by FINRA

In May 2010, the Financial Industry Regulatory Authority (FINRA) fined Los Angeles, California-based brokerage firm Wedbush Morgan Securities Inc. $12,500 for selling municipal bonds to customers at a price that was not fair and reasonable. Wedbush Morgan also was required to make restitution to the customers in the amount of $5,986.26.