FINANCE

Wymer Pleads Not Guilty: Newport Beach investment adviser Steven D. Wymer pleaded not guilty to 30 counts of securities fraud, money laundering and other federal charges, while his lawyers protested that he cannot prepare a proper defense from jail. The 43-year-old money manager is accused of defrauding dozens of small cities and other government entities in California, Iowa and Colorado of $100 million in taxpayer funds entrusted to him for investment. If convicted on all criminal charges, Wymer could face up to 275 years in prison and $140 million in fines.