What is the wells act?
A Wells Notice warns a person or business of possible enforcement action by the U.S. Securities and Exchange Commission (SEC). In a Wells Submission, the person or business so warned has the opportunity to present facts and legal arguments to convince the SEC that no action should be brought.
How many balls were deflated in Deflategate?
11
That’s quite the contrast from the way the NFL handled leaks during its Deflategate investigation. Three days after the AFC Championship, which is when the Colts accused the Patriots of using under-inflated balls, ESPN’s Chris Mortensen falsely reported 11 of 12 Patriots footballs were deflated by two pounds of air.
Why is it called Wells Notice?
The name “Wells notice” is derived from the Wells Committee of the SEC which proposed this process in 1972. This SEC committee was named after John A. Wells, its chair. The other members of the committee were former SEC Chairmen Manuel F.
Are Wells submissions public?
If requested, submissions can be protected under the Freedom of Information Act (FOIA) while the Commission’s investigation is open. But once the investigation is closed, the Wells submissions can be obtained through FOIA requests.
Was Brady found guilty?
Brady has never admitted to wrongdoing and has never had any hard evidence presented against him in a way that indicates clear guilt in any cheating incident in his 21 seasons in the NFL.
How serious is a Wells Notice?
Bottom Line. A Wells Notice is an official alert from federal securities investigators that an official enforcement action against a broker or firm is going to be recommended. It is usually sent to targets of investigations just before the launching of a legal proceeding.
Where can I find the Wells Report?
The Wells Report has been the number one show in DFW area and now it will be going national across the USA Network, and many streaming services. Jon-David Wells is available as a speaker for events in the North Texas area.
What are the findings of the Wells Fargo investigation?
Verschoor explains the findings of the Wells Fargo investigation shows employees also opened online banking services and ordered debit cards without customer consent.
Did Wells Fargo’s unauthorized accounts hurt customers’credit scores?
“Wells Fargo’s Unauthorized Accounts Likely Hurt Customers’ Credit Scores”. NPR. Retrieved 10 May 2017. ^ Lam, Bourree (29 March 2017).
Where can I find Jon-David Wells?
The Wells Report has been the number one show in DFW area and now it will be going national across the USA Network, and many streaming services. Jon-David Wells is available as a speaker for events in the North Texas area. He can also speak at your distant event through SKYPE.