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Vanguard to pay $106 million in SEC accord
Vanguard to pay $106 million in SEC accord after saddling investors with big tax bills
Vanguard Group will pay $106.4 million to settle U.S. Securities and Exchange Commission charges alleging it failed to disclose important tax information about its popular target-date funds, resulting in hundreds of thousands of ordinary investors getting stuck with inflated tax bills.
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.
Vanguard to pay more than $100 million to SEC over violations involving target date retirement funds
The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The SEC order found that the chan
2d
SEC enforcement blitz targets 7 financial firms as Biden administration winds down
The SEC disclosed 7 actions against alleged misbehavior with only three days left for the Biden administration.
49m
Hindenburg says not under investigation by U.S. SEC
Hindenburg Research denies SEC investigation amid allegations of collusion with hedge funds in preparing bearish reports.
Hosted on MSN
5d
US Securities and Exchange Commission’s lawsuit against Elon Musk explored as X CEO is accused of non-disclosure of the app’s stock purchase
The Security and Exchange Commission (SEC) filed a lawsuit against Elon Musk, owner of social media giant X (formerly known ...
3d
on MSN
One SEC commissioner down before Trump’s term — Gary Gensler is next
Many officials in US government agencies have three days to consider whether they intend to continue working their positions ...
10h
on MSN
Hindenburg Research says not under investigation by US Securities and Exchange Commission
Hindenburg is not under investigation by the SEC, to our knowledge, and any suggestion to the contrary is false, the firm ...
5d
on MSN
BREAKING — The US Securities and Exchange Commission is suing Elon Musk, accusing him of not disclosing ownership of Twitter stock in a timely manner
US financial regulator has sued Elon Musk for failing to properly disclose his purchase of Twitter shares that allowed him to ...
3d
SEC settles charges against US hedge fund over investment model vulnerabilities
The U.S. Securities and Exchange Commission on Thursday settled charges against hedge fund Two Sigma over failure to address ...
5d
SEC sues Elon Musk for alleged failure to file timely disclosure of Twitter share purchases
The U.S. Securities and Exchange Commission is suing Elon Musk for allegedly failing to properly disclose his purchase of ...
The Daily Hodl
5d
US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’
A judge just ordered the U.S. Securities and Exchange Commission (SEC) to craft a more thorough response to a petition from ...
CoinDesk
6d
Binance.US Chief: The SEC Called Us a Cauldron of Fraud, Without Any Evidence
Gary Gensler’s Securities and Exchange Commission (SEC) branded Binance.US “a cauldron of fraud,” and used its power and ...
3d
on MSN
Fitness beverage company Celsius to pay $3 million fine to settle US SEC accounting case
Celsius Holdings, the fitness beverage company, will pay a $3 million civil fine to resolve charges it accounted improperly ...
The Daily Hodl
21h
Crypto-Friendly Retail Trading Platform eToro Files for IPO on US Stock Market: Report
Israel-based retail trading firm eToro is reportedly spurning the London Stock Exchange in hopes of chasing a US initial ...
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