Reuters: Regulatory News: SEC demands Wells Fargo comply with subpoenas

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SEC demands Wells Fargo comply with subpoenas Mar 23rd 2012, 19:56 WASHINGTON, March 23 | Fri Mar 23, 2012 3:56pm EDT WASHINGTON, March 23 (Reuters) - U.S. securities regulators accused Wells Fargo on Friday of failing to turn over documents in connection with a probe into the bank's $60 billion sale of mortgage-backed securities during the financial crisis. The Securities and Exchange Commission's filing in a California federal court seeks to compel the bank to hand over documents. The SEC said it has issued several subpoenas since September 2011.

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