U.S. SEC charges Wells Fargo advisors with anti-money laundering violations

2022.05.20 16:56

FILE PHOTO: Signage is seen at the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo

WASHINGTON (Reuters) – The U.S. Securities and Exchange commission on Friday said it had charged Wells Fargo (NYSE:WFC) Advisors with anti-money laundering related violations.

Wells Fargo Advisors has agreed to pay $7 million to settle the charges, the SEC said.

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