SEC.gov | Vanguard to Pay More Than $100 Million to Resolve …
3 days ago · The SEC’s order finds that Vanguard violated the Advisers Act and caused violations of the Securities Act and the Investment Company Act. Without admitting or denying the SEC’s findings, Vanguard agreed to be censured, cease and desist from future violations, and pay $18.2 million in disgorgement and prejudgment interest that will be deemed ...
Vanguard fined more than $100 million by SEC over violations …
2 days ago · The payment stems from a 2020 change by Vanguard that led to redemptions in one class of target date funds.
Vanguard to Pay $106 Million in Restitution to Retirement Fund ...
2 days ago · Vanguard, the large mutual fund company, has agreed to pay $106 million in restitution to settle a securities regulatory investigation into whether the firm misled retail investors about the tax ...
SEC Fines Vanguard $106M Over Retirement Fund Tax Issues
2 days ago · SEC Fines Vanguard $106M Over Target Fund Issues. The Securities and Exchange Commission ordered Vanguard to pay $106.41 million over misleading statements about tax consequences affecting retail ...
Vanguard to pay $106 million in SEC accord after saddling …
2 days ago · 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 ...
Vanguard to Pay $106.4 Million to Resolve Alleged Violations …
Vanguard will pay $106.4 million in restitution to investors to resolve charges brought by the Securities and Exchange Commission after the asset manager allegedly failed to notify investors of ...
Vanguard to pay $106 million to settle SEC charges over …
2 days ago · Vanguard did not admit to or deny the SEC’s findings, but did agree to a censure and to pay $18.2 million in disgorgement and prejudgment interest. That total will be deemed satisfied by the ...
Vanguard to pay $106M to settle SEC charges over TRF disclosure ...
2 days ago · Without admitting or denying the SEC’s findings, Vanguard agreed to be censured, cease and desist from future violations, and pay $18.2M in disgorgement and prejudgment interest that will be ...
SEC ‘caution’ extends Vanguard’s ETF share class monopoly
Mar 7, 2024 · More than nine months after Vanguard’s lucrative patent on using exchange traded funds as a share class of existing mutual funds expired, rival asset managers are still waiting for approval to...
Vanguard fined more than $100 million by SEC over violations
Vanguard agreed to the fine without admitting or denying the SEC’s findings. Vanguard is one of the world’s largest asset managers, reporting more than $10 trillion of global assets as of last ...