Securities Fraud and Mismanagement

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SEC Allegations

Kenneth Welsh Theft

Wells Fargo may be responsible for the thefts of Kenneth Welsh. Wells Fargo may be responsible as the SEC accuses Kenneth Welsh of stealing more than $3 million from his Wells Fargo clients. The SEC barred Kenneth A. Welsh, 44, from the financial services industry on...

Ode Okuma Theft

Equitable Advisors rep Ode Okuma settles charges with SEC concerning $13 million securities fraud. On February 6, 2026, the SEC settled charges against Ode Okuma for $13 million in alleged theft and securities fraud. He is alleged to have victimized his Equitable...