Wells Notice - a notification from a regulator that it intends to recommend that enforcement proceedings be commenced against the prospective respondent. The notice references, in broad-strokes, the violation that the Staff believes has occurred.
Well lets see, it said alleged and if any charges are to be brought against SPNG. Seems to me that just simply reading it as it is stated then nothing is yet charged or even proven--just a statment to indicate the investigation is moving along by giving way for SPNG to present their side of the accused actions and letting them clear their name(once and for all)--that is how the process works.(innocent until proven guilty)