For the second time in five years, a subsidiary of Wells Fargo has been charged by the Securities and Exchange Commission (SEC) with failing to file suspicious activity reports (SARs) in a timely manner due to deficiencies in the system it used to flag transactions.
Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:... More by Aaron Nicodemus
