What are the 'Principal at Risk Securities' mentioned in the filing?

Principal at Risk Securities are a type of structured financial product where the return of the principal investment at maturity is subject to the performance of an underlying asset or index. If the underlying asset or index performs poorly, investors may lose a portion or all of their principal.

What is the purpose of filing these note forms and legal opinions?

These documents are filed as exhibits to the Form 8-K to provide transparency and regulatory compliance, particularly in connection with a filed Registration Statement (Form S-3). This allows investors and regulators to review the specific terms and legal standing of the newly issued notes.

What are the MSCI EAFE Index® and the iShares® MSCI Emerging Markets ETF?

The MSCI EAFE Index® is a stock market index that represents developed market stocks from Europe, Australasia, and the Far East. The iShares® MSCI Emerging Markets ETF is an exchange-traded fund that aims to track the performance of stocks in emerging market countries.

What is the 10-Year Constant Maturity Swap Rate?

The 10-Year Constant Maturity Swap Rate (CMS Rate) is a benchmark interest rate used in the financial markets. Notes linked to this rate will have their performance tied to changes in this specific interest rate over the life of the note.

WELLS FARGO & COMPANY/MN 8-K SEC Disclosure

Summary

This Wells Fargo & Company (WFC) 8-K filing from August 21, 2015, primarily serves to disclose the forms of several Medium-Term Notes, Series K, that were issued on August 20, 2015. These notes are linked to various financial instruments, including the MSCI EAFE Index®, the iShares® MSCI Emerging Markets ETF, and the 10-Year Constant Maturity Swap Rate, with a maturity date of August 21, 2025. The filing also includes the legal opinion from Faegre Baker Daniels LLP regarding these notes, as required for their registration.

Key Highlights

1Wells Fargo issued new Medium-Term Notes, Series K, on August 20, 2015.
2The notes are structured as 'Principal at Risk Securities' linked to specific market indices or rates.
3Specific note types include those tied to the MSCI EAFE Index® and the iShares® MSCI Emerging Markets ETF.
4Another note type is linked to the 10-Year Constant Maturity Swap Rate, with a maturity of August 21, 2025.
5The filing includes the legal opinion from Faegre Baker Daniels LLP regarding the issuance of these notes.
6This disclosure is in connection with a Registration Statement on Form S-3 filed previously.

WELLS FARGO & COMPANY/MN 8-K Report, Exhibit Filing (Aug 21, 2015)

Summary

Key Highlights

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