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Wells Fargo and the $35m Penalty | Explained

Wells Fargo has recently reached a settlement with the United States Securities and Exchange Commission (SEC), agreeing to pay a $35 million civil penalty in connection with overcharged advisory fees.

Overcharged advisory fees from Wells Fargo could be as a result of low deal making activity. Photo: Getty Images
Overcharged advisory fees from Wells Fargo could be as a result of low deal making activity. Photo: Getty Images

 

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