SEC details Wells Fargo Advisors charges

By Douglas Clark  |   May 24, 2022   |   Federal

The U.S. Securities and Exchange Commission (SEC) recently detailed charges against Wells Fargo Advisors, alleging the company failed to timely file at least 34 Suspicious Activity Reports (SARs). ...

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FDIC issues agency misrepresentation guidance

By Douglas Clark  |   May 19, 2022   |   Federal

The Federal Deposit Insurance Corporation (FDIC) recently approved a final rule regarding statutory authority prohibiting misrepresentations about FDIC deposit insurance or misusing the FDIC’s name ...

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CFPB report examines mortgage servicing metrics

By Douglas Clark  |   May 18, 2022   |   Federal

A recently released Consumer Financial Protection Bureau (CFPB) report examining mortgage servicing amid the COVID-19 pandemic maintains homeowners continually face risks and challenges affiliated w...

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