SEC Accuses Wells of Ignoring Subpoenas in MBS Probe

The Securities and Exchange Commission has accused Wells Fargo Co. (WFC) of failing to produce documents relating to an investigation of the bank’s mortgage-backed securities. Wells called the SEC’s subpoena enforcement action “inappropriate and unwarranted.”

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_565/wells-fargo-sec-mbs-1029568-1.html

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