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Wedbush Securities to acquire assets of grain commodity firm

Wedbush Securities Inc. has agreed to acquire the assets of Minnesota-based grain commodity firm Kluis Companies LLC, including Kluis Publishing, Lafayette Trading Academy and Kluis Commodities.

Wedbush plans to form a new department, Kluis Commodity Advisors, which Al Kluis will lead as managing director. Kluis has worked in the agricultural sector for more than 40 years.