0001456726-13-000002.txt : 20130219 0001456726-13-000002.hdr.sgml : 20130219 20130215171641 ACCESSION NUMBER: 0001456726-13-000002 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130215 DATE AS OF CHANGE: 20130215 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Wedbush Edward William CENTRAL INDEX KEY: 0001456726 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: P.O. BOX 30014 CITY: LOS ANGELES STATE: CA ZIP: 90030-0014 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BROADWAY FINANCIAL CORP \DE\ CENTRAL INDEX KEY: 0001001171 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 954547287 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-46823 FILM NUMBER: 13620644 BUSINESS ADDRESS: STREET 1: 4800 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90010 BUSINESS PHONE: 2136341700 MAIL ADDRESS: STREET 1: 4800 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90010 SC 13G 1 byfc2013.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE13G Under the Securities Exchange Act of 1934 Broadway Financial Corporation --------------------------------------------------------------------- (Name of Issuer) Common --------------------------------------------------------------------- (Title of Class of Securities) 111444105 ----------------- (CUSIP Number) December 31, 2012 --------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: /x/ Rule 13d-1(b) /x/ Rule 13d-1(c) / / Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-98) Page 1 of 6 CUSIP No. 111444105 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) WEDBUSH, Inc. --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 4. Citizenship or Place of Organization California --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 29,341 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 59,133 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 29,341 ---------------------------------------------- 8. Shared Dispositive Power 59,133 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 59,133 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 3.2% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- CO --------------------------------------------------------------------- Page 2 of 6 CUSIP No. 111444105 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Edward W. Wedbush --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 4. Citizenship or Place of Organization United States of America --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 70,199 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 129,332 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 70,199 ---------------------------------------------- 8. Shared Dispositive Power 129,332 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 129,332 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 7.0% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- IN CUSIP No. 111444105 -------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Wedbush Securities --------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) /x/ (b) / / --------------------------------------------------------------------- 3. SEC Use Only --------------------------------------------------------------------- 4. Citizenship or Place of Organization United States of America --------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 29,792 Beneficially by ---------------------------------------------- Owned by Each 6. Shared Voting Power 29,792 Reporting ---------------------------------------------- Person With: 7. Sole Dispositive Power 29,792 ---------------------------------------------- 8. Shared Dispositive Power 29,792 --------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 29,792 --------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) / / --------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 1.6% --------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) --------------------------------------------------------------------- BD --------------------------------------------------------------------- Page 3 of 6 Cusip No. 111444105 13G Broadway Financial Corporation --------------------------------------------------------------------- Item 1. Name and Address of Issuer. (a) This statement relates to the shares of the common stock of Broadway Financial Corporation ("Issuer"). (b) Issuer's address: 4800 Wilshire Blvd, Los Angeles, California 90010 Item 2. Filers (a) This statement is filed by WEDBUSH, Inc. ("WI"),Edward W.Wedbush ("EWW"), and Wedbush Securities ("WS"). (b) Business address of the above filers are as follows: WI - 1000 Wilshire Blvd., Los Angeles, CA 90017-2457 EWW - P.O. Box 30014, Los Angeles, CA 90030-0014 WS - P.O. Box 30014, Los Angeles, CA 90030-0014 (c) WI is a California corporation, EWW is a citizen of the United States of America, and WS is a California corporation. (d) Common stock (e) 111444105 Item 3. Classification of Filers (a) WS is a broker/dealer (b) - (j) Not applicable (g) WI is a control person Page 4 of 6 Item 4. Ownership (a) WI has sole ownership of 29,341 Shares of the Issuer, EWW has sole ownership of 70,199 Shares, and WS has sole ownership of 29,792 Shares of the Issuer. (b) Of the Shares outstanding, WI owns approximately 1.58%, EWW owns approximately 3.77%, and WS owns approximately 1.60%. (c) Number of Shares as to which the filer has: (i) Sole power to vote: WI has sole power to vote on 29,341 Shares, EWW has 70,199 sole Shares, WS has 29,792 sole Shares. (ii) Shared power to vote: WI has shared power to vote on 59,133 Shares, EWW has 129,332 Shares, and WS has 29,792 Shares. (iii) Sole power to dispose: WI has sole power to dispose on 29,341 Shares, EWW has 70,199 sole Shares to dispose, and WS has 29,792 sole Shares to dispose. (iv) Shared power to dispose: WI has shared power to dispose on 59,133 Shares, EWW has 129,332 Shares, and WS has 29,792 Shares. Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another. Not applicable. Item 7. Identification and Classification of Subsidiary which Acquired the Securities Being Reported on by the Parent Holding Company. Not Applicable. --------------------------------------------------------------------- Page 5 of 6 Item 8. Identification and Classification of Members of a Group. Name Category No.of Shares Percentage WEDBUSH, Inc. CO 29,341 1.58% Edward W. Wedbush IN 70,199 3.77% Wedbush Securities BD 29,792 1.60% Edward W. Wedbush owns approximately 50% of the issued and outstanding shares of WEDBUSH, Inc., which is the sole shareholder of Wedbush Securities Inc. Mr. Wedbush is also the Chairman of the Board of WEDBUSH, Inc. and the President of Wedbush Securities Inc. The foregoing should not be construed as an admission of beneficial ownership of the securities held or controlled by WEDBUSH, Inc. or Wedbush Securities Inc. Item 9. Notice of Dissolution of Group. Not applicable. --------------------------------------------------------------------- Page 6 of 6 Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the Issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. WEDBUSH, Inc. 02/09/2013 --------------------------- Date ERIC D. WEDBUSH ------------------ Eric D. Wedbush --------------------------- Signature ERIC D. WEDBUSH ------------------ Eric D. Wedbush/ President --------------------------- Name/Title Edward W. Wedbush 02/09/2013 --------------------------- Date EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Signature EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Name/Title Wedbush Securities, Inc. 02/09/2013 --------------------------- Date EDWARD W. WEDBUSH ------------------ Edward W. Wedbush --------------------------- Signature Edward W. Wedbush/ President --------------------------- Name/Title