Skip to content

How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.

Wells Fargo settles with SEC

The SEC has announced it has settled charges against Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network for failing to reasonably supervise investment advisers and registered representatives who recommended single-inverse ETF (exchange-traded fund) investments to retail investors, and for lacking adequate compliance policies and procedures with respect to the suitability of those recommendations. The SEC ordered Wells Fargo to pay a $35 million penalty, which will be distributed to harmed investors.

Filed under: 

Training View All

Penalties View All

Search Top Stories