No. The Wii version of WWE '13 uses a simplified control scheme built around the Wii Remote and Nunchuk. The complex submission mini-game (the "Breaking Point" system) found on PlayStation 3 and Xbox 360 was omitted entirely.
This was likely due to the Wii hardware's limited processing power and the difficulty of mapping precise analog-stick rotations to motion controls.
If submissions are a must, play the PS3, Xbox 360, or PC versions.