FORM 4 [X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WEDBUSH SECURITIES INC
2. Issuer Name and Ticker or Trading Symbol

JMP GROUP LLC [ JMP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    __X__ Other (specify below)
Possible Member of 10% Group
(Last)          (First)          (Middle)

1000 WILSHIRE BLVD., SUITE 900, ATTN: COMPLIANCE DEPT.
3. Date of Earliest Transaction (MM/DD/YYYY)

11/17/2021
(Street)

LOS ANGELES, CA 90017
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

11/18/2021 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Shares representing limited liability company interests in J 11/17/2021  D  2250000 (1)A$7.5 (1)0 D  
Shares representing limited liability company interests in J 11/17/2021  D  2250000 (1)A$7.5 (1)0 I (2)Wedbush Capital may be deemed to have beneficial ownership of such shares as the sole equityhold 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 8, 2021 (as amended from time to time, the "Merger Agreement"), among JMP Group LLC (the "Company"), Citizens Financial Group, Inc. ("Citizens") and Jolt Acquisition LLC, in exchange for $7.50 per share in cash, without interest.
(2) This Form 4 is being filed by the undersigned. Wedbush Securities Inc. directly held the securities of the Issuer subject to the Merger Agreement. Wedbush Capital may be deemed to have had beneficial ownership of such shares as the sole equityholder of Wedbush Securities Inc.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
WEDBUSH SECURITIES INC
1000 WILSHIRE BLVD., SUITE 900
ATTN: COMPLIANCE DEPT.
LOS ANGELES, CA 90017

X
Possible Member of 10% Group
Wedbush Capital, Inc.
1000 WILSHIRE BLVD
LOS ANGELES, CA 90017

X
Possible Member of 10% Group

Signatures
/s/Gary Wedbush, President, Wedbush Securities11/18/2021
**Signature of Reporting PersonDate

/s/ Dan Simon, Director of Finance, Wedbush Capital11/18/2021
**Signature of Reporting PersonDate

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