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Weekly Roundup: US Official Threatens Secondary Sanctions, SEC Tags Wells Fargo, and More

U.S. Treasury Secretary Janet Yellen said officials may impose secondary sanctions on countries that purchase Russian energy, Bloomberg reported. More The U.S. Securities and Exchange Commission fined Wells Fargo Advisors $7 million for failing to file dozens of suspicious activity reports in a timely manner, ACAMS moneylaundering.com reported. More The U.S. Justice Department's seizure of a superyacht from Suleiman Kerimov has been put on hold after a federal court in Fiji, where the boat is docked, agreed to consider an appeal by the blacklisted Russian oligarch's attorneys that he is not the boat's true owner, the Associated Press reported. More...

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