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 to pay more than $100 million to SEC over violations
The SEC's order said Vanguard's investor-series target funds saw $130 billion in redemptions from December 2020 to October 2021, up from $41 billion in the same period a year prior. Vanguard later ...
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 ...
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 ...
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 settles SEC charges over misleading statements for …
The SEC’s order finds that Vanguard violated the Advisers Act and caused violations of the Securities Act and the Investment Company Act. Vanguard has agreed to be censured, cease and desist ...
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 Settles With SEC Over Surprise Capital-Gains Taxes
3 days ago · Vanguard Group will pay $106.41 million to settle a Securities and Exchange Commission investigation related to its target-date retirement funds, the agency said Friday. The asset manager failed ...
Vanguard settles with SEC, NASAA | Investment Executive
2 days ago · Under the settlement with regulators, without admitting or denying the SEC’s findings, Vanguard agreed to pay US$106.4 million, which will be distributed to harmed investors. That amount is in addition to the US$40 million that Vanguard agreed to pay to settle an investor class action over the same incident, the SEC noted.
Why the SEC Asked Vanguard to Pay $106 Million Over …
2 days ago · The Securities and Exchange Commission delivered some surprising news on Friday: Vanguard will pay $106 million to resolve violations related to capital-gains distributions in their target-date funds.