International derivatives marketplace CME Group has issued a notice of disciplinary action against Wedbush Securities Inc. Pursuant to an offer of settlement, in which Wedbush Securities Inc. neither admitted or denied Rule violations, a Panel of the CME Business Conduct Committee found that on February 24, 2022, Wedbush's back-office accounting platform failed to maintain records of cleared trades after its settlement platform reached an upper limit of traded contracts due to extremely high trading volume. As a result, from that date through March 2022, Wedbush: (1) submitted inaccurate large trader position reports to the Exchange; and (2) failed to submit position change data to the Clearing House in a timely manner.