The fine of $106.41 million will be distributed to harmed investors, the SEC said. Vanguard agreed to the fine without admitting or denying the SEC’s findings. Vanguard is one of the world’s ...
The SEC’s order finds that Vanguard’s disclosures failed to warn investors about tax risks tied to fund redemptions.
The Securities and Exchange Commission (SEC) announced Friday that The Vanguard Group, one of the world's biggest asset managers, will pay a $106.4 million fine to settle charges for "misleading ...
The SEC found that Vanguard's failure to properly disclose ... according to the filing. The fine comes on top of a $40 million settlement Vanguard reached in a related investor class-action ...
Vanguard Group's decision to slash fees for almost half of its U.S. funds is being called a win for both the investment giant ...
Vanguard, one of the world’s largest asset managers, has agreed to pay a $106.4 million fine to settle charges brought by the Securities and Exchange Commission (SEC).
The $106 million fine is in addition to the $40 million ... large unnecessary capital gains distributions. The SEC violations stem from a Vanguard announcement on December 11, 2020 that the ...
13, 2022. (AP Photo/Julia Nikhinson) MANHATTAN (CN) — Asset management firm Vanguard has agreed to pay more than $106 million to settle ongoing probes by the U.S. Securities and Exchange Commission ...
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission ...