Day: May 20, 2022

Money Laundering

SEC charges Wells Fargo Advisors for Failing to Report Suspicious Activity

Wells Fargo Advisors will pay a $7 million penalty and has agreed to a censure and a cease-and-desist order to resolve charges brought by the Securities and Exchange Commission. The SEC charged the broker-dealer with failure to file at least 34 Suspicious Activity Reports (SARs) in a timely manner, the Read More