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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 fined more than $100 million by SEC over violations involving target date retirement funds
The violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds.
SEC, Genesis and Digital Currency Group
Digital Currency Group, former Genesis CEO to pay $38.5 million over SEC charges
The U.S. Securities and Exchange Commission on Friday said Digital Currency Group Inc. and the CEO of its now-defunct subsidiary Genesis Global Capital LLC have agreed to pay a combined $38.5 million in civil penalties to settle charges they misled investors about Genesis's financial condition.
DCG, Former Genesis CEO to Pay SEC $38.5M to Settle Securities Fraud Charges
Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Digital Currency Group, the crypto firm founded by Barry Silbert, is paying the SEC $38.5 million for misleading investors.
LPL financial, SEC
LPL to Pay $18 Million to Resolve Anti-Money-Laundering Allegations
The Securities and Exchange Commission alleges that LPL didn’t adhere to an organized process for addressing restrictions on accounts that failed its customer identification program.
LPL Financial to pay civil penalty of $18M to settle SEC charges
The Securities and Exchange Commission announced charges against broker-dealer and investment adviser LPL Financial (LPLA) for multiple
SEC charges La Jolla’s LPL Financial with anti-money laundering violations
LPL Financial, a La Jolla-based investment and wealth management services firm, will pay $18 million to settle charges by the Securities and Exchange Commission for violations of anti-money laundering policies.
2d
on MSN
SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it
The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of ...
21h
Wells Fargo firms, Merrill Lynch to pay $60 mln to settle SEC charges
The U.S. Securities and Exchange Commission (SEC) on Friday said a pair of Wells Fargo Advisory firms and Merrill Lynch have ...
2d
on MSN
Elon Musk underpaid Twitter acquisition by $150M by not disclosing stake, SEC alleges
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions ...
18h
on MSN
Women's Bracketology: Big Ten, SEC combine for 22 teams in field with conferences off to record-setting pace
Back in November, we discussed how conference realignment and the Pac-12's fall could lead to conferences like the Big Ten ...
2d
SEC Obtains Elon Musk Texts In Twitter Lawsuit
Text shows that the Twitter board was enthusiastic about Musk's decision to buy up large sections of the company ...
2d
on MSN
The SEC isn’t dominating college football anymore. Is it more than a blip?
For the second straight year, an SEC team won’t play in the national championship game. It’s too early to tell whether it’s ...
16h
Vanderbilt's Brodie Johnston projected SEC Freshman of the Year by Baseball America
Baseball America predicted Brodie Johnston to win SEC Freshman of the Year in its preseason award predictions.
2d
SEC quarterbacks in 2025: Who’s running it back, who’s promoting and who’s transferring?
Things have now appeared to settle in the SEC, so let’s check in on the quarterback situations in the conference.
13h
on MSN
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.
21h
Tennessee basketball at Auburn gets ESPN's 'College GameDay' for SEC showdown
ESPN announced Friday that "College GameDay" will be on hand when Tennessee basketball plays at Auburn on Jan. 25.
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