The SEC has dropped a long-running investigation into whether Wells Fargo (WFC) misled investors...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

The SEC has dropped a long-running investigation into whether Wells Fargo (WFC) misled investors in the sale of mortgage bonds. The probe is the second one related to such securities that the SEC has closed without making charges, with the agency dropping an inquiry into Goldman Sachs earlier this year. Still, the SEC did recently win settlements totaling over $400M from JPMorgan and Credit Suisse.