SEC Comment Letter for WELLS FARGO & (WFC) — Sep 20, 2006
WELLS FARGO & COMPANY/MN (WFC, WFCNP, WFC-PA, WFC-PC, WFC-PD, WFC-PL, WFC-PY, WFC-PZ) (CIK 0000072971)
Date: Sept. 20, 2006 · CIK: 0000072971 · Accession: 0000000000-06-045370
AI Filing Summary & Sentiment
Reasoning
Letter
May 19, 2006 By U.S. Mail and facsimile to (415) 975-6871. Howard I. Atkins Senior Executive Vice Presiden t and Chief Financial Officer Wells Fargo & Company 420 Montgomery Street San Francisco, CA 94104
Re: Wells Fargo & Company Form 10-K for the Fiscal Year Ended December 31, 2004 Response filed on March 12, 2006
Dear Mr. Atkins:
We have reviewed your response and have the following additional comment. We have limited our review to only the issu e raised in our comment. Please be as detailed as necessary in your explanation. In our comment, we may ask you to provide us with supplemental information so we may better understand your response. After reviewing this information, we may or may not raise additional comments.
Please understand that the purpose of our re view process is to assist you in your compliance with the applicable disclosure requirements and to enhance the overall disclosure in your filing. We look forward to working with you in these respects. We welcome any questions you may have about our comment or any other aspect of our review. Feel free to call us at the telephone numbers listed at the end of this letter. 1. We note your response to the second co mment included in our March 2, 2006, letter, and the last risk f actor included on page 28 of your Form 10-Q for the fiscal quarter ended March 31, 2006, regarding the possibility of regulatory violations and OFAC penalties. Please expand this ri sk factor in future filings to address your 2003 and 2005 settlements with OFAC.
* * * * *
Howard I. Atkins May 19, 2006 Page 2 As appropriate, please provide us with your response within 10 business days or tell us when you will provide us with a respons e. Please furnish a cover letter that keys your response to our comment and provides any requested supplemental information. Please understand that we may have additiona l comments after reviewing your response to our comment.
You may contact Rebekah M oore at (202) 551-3463 or me at (202) 551-3494 if you have questions.
Sincerely,
Kevin W. Vaughn
Branch Chief
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Mail Stop 4561 May 19, 2006 By U.S. Mail and facsimile to (415) 975-6871. Howard I. Atkins Senior Executive Vice Presiden t and Chief Financial Officer Wells Fargo & Company 420 Montgomery Street San Francisco, CA 94104 Re: Wells Fargo & Company Form 10-K for the Fiscal Year Ended December 31, 2004 Response filed on March 12, 2006 Dear Mr. Atkins: We have reviewed your response and have the following additional comment. We have limited our review to only the issu e raised in our comment. Please be as detailed as necessary in your explanation. In our comment, we may ask you to provide us with supplemental information so we may better understand your response. After reviewing this information, we may or may not raise additional comments. Please understand that the purpose of our re view process is to assist you in your compliance with the applicable disclosure requirements and to enhance the overall disclosure in your filing. We look forward to working with you in these respects. We welcome any questions you may have about our comment or any other aspect of our review. Feel free to call us at the telephone numbers listed at the end of this letter. 1. We note your response to the second co mment included in our March 2, 2006, letter, and the last risk f actor included on page 28 of your Form 10-Q for the fiscal quarter ended March 31, 2006, regarding the possibility of regulatory violations and OFAC penalties. Please expand this ri sk factor in future filings to address your 2003 and 2005 settlements with OFAC. * * * * * Howard I. Atkins May 19, 2006 Page 2 As appropriate, please provide us with your response within 10 business days or tell us when you will provide us with a respons e. Please furnish a cover letter that keys your response to our comment and provides any requested supplemental information. Please understand that we may have additiona l comments after reviewing your response to our comment. You may contact Rebekah M oore at (202) 551-3463 or me at (202) 551-3494 if you have questions. Sincerely, Kevin W. Vaughn Branch Chief