{"id":18792,"date":"2020-03-04T08:16:42","date_gmt":"2020-03-04T14:16:42","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=18792"},"modified":"2020-03-04T09:48:54","modified_gmt":"2020-03-04T15:48:54","slug":"wells-fargo-non-traditional-etfs","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/","title":{"rendered":"Wells Fargo Settles Inadequate Supervision of Non-Traditional ETFs Claim for $35M"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Wells Fargo Sold Non-Traditional ETFs to Retail Investors\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you were an investor who suffered losses in non-traditional exchange-traded funds (ETFs) that you feel were unsuitable for you yet were recommended by a Wells Fargo investment advisor or broker, our ETF fraud attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm) would like to offer you a free case consultation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Wells Fargo Advisors Financial Network and Wells Fargo Clearing Services recently agreed to pay $35M to settle US Securities and Exchange Commission (SEC) claims. These claims accused the two Wells Fargo entities of lax supervision of their registered investment advisors (RIAs). As well as the brokers who recommended certain complex non-traditional ETFs to retirees and other retail advisory and brokerage customers.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/\"  title=\"Continue Reading Wells Fargo Settles Inadequate Supervision of Non-Traditional ETFs Claim for $35M\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wells Fargo Sold Non-Traditional ETFs to Retail Investors\u00a0 If you were an investor who suffered losses in non-traditional exchange-traded funds (ETFs) that you feel were unsuitable for you yet were recommended by a Wells Fargo investment advisor or broker, our ETF fraud attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm) would like to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18795,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4023,3777,3836],"tags":[2863,2667,4279,3022],"class_list":["post-18792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-exchange-traded-funds","category-inadequate-supervision","category-wells-fargo","tag-etf-fraud","tag-inadequate-supervision","tag-non-traditional-etfs","tag-wells-fargo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wells Fargo Settles Non-Traditional ETFs Claim | Investor Fraud Lawyers<\/title>\n<meta name=\"description\" content=\"Wells Fargo agreed to settle an SEC claim that they improperly sold non-traditional ETFs to retail investors. Read more on this case.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Wells Fargo Settles Non-Traditional ETFs Claim | Investor Fraud Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"Wells Fargo agreed to settle an SEC claim that they improperly sold non-traditional ETFs to retail investors. 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Read more on this case.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/03\/erol-ahmed-ln8zRaM3VmI-unsplash-1-scaled.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Wells Fargo Settles Inadequate Supervision of Non-Traditional ETFs Claim for $35M","datePublished":"2020-03-04T14:16:42+00:00","dateModified":"2020-03-04T15:48:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/"},"wordCount":560,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/03\/erol-ahmed-ln8zRaM3VmI-unsplash-1-scaled.jpg","keywords":["ETF Fraud","inadequate supervision","non-traditional ETFs","Wells Fargo"],"articleSection":["Current Investigations","Exchange Traded Funds","Inadequate Supervision","Wells Fargo"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/","url":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/","name":"Wells Fargo Settles Non-Traditional ETFs Claim | Investor Fraud Lawyers","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wells-fargo-non-traditional-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2020\/03\/erol-ahmed-ln8zRaM3VmI-unsplash-1-scaled.jpg","datePublished":"2020-03-04T14:16:42+00:00","dateModified":"2020-03-04T15:48:54+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Wells Fargo agreed to settle an SEC claim that they improperly sold non-traditional ETFs to retail investors. 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