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](https://krugmaninsights.com/wp-content/uploads/2023/08/merlin_151771086_e85411e1-b163-47d1-8efb-0f7a68705c01-superJumbo-1024x683.jpg)
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.
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