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

by Mike Robinson

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© Reuters. FILE PHOTO – Signage seen at Washington, D.C., U.S., May 12th, 2021. REUTERS/Andrew Kelly/File photo

WASHINGTON (Reuters), – Friday’s statement by the U.S. Securities and Exchange Commission stated that they had been charged Wells Fargo Advisors with violations of anti-money laundering laws.

According to the SEC, Wells Fargo Advisors agreed to $7 million in settlement.

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