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 ...
Benefits Pro2d
Vanguard to pay SEC $106M to settle violations over ‘misleading’ target date fund statements
In addition to the $40 million Vanguard agreed to pay to investors as part of a class action suit in November, the SEC now ...
fcfreepresspa1h
Vanguard Agrees to $106 Million Settlement Over Undisclosed Tax Consequences
Attorney General Anthony G. Brown announced today that the Office’s Securities Division, along with a task force of state ...
Vanguard to pay $106M to settle SEC charges over TRF disclosure violations
The Vanguard Group Inc., one of the world's largest asset managers, will pay a $106.41M penalty to resolve charges for ...
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 ...
Pensions&Investments6d
Vanguard to pay $106 million to settle SEC charges over misleading TDF disclosures
Vanguard group will pay $106.4 million to settle charges brought by the Securities and Exchange Commission and state ...
Reuters6d
Vanguard to pay $106 million in SEC accord after saddling investors with big tax bills
New policy for target-date funds triggered capital gains SEC says Vanguard did not warn about tax ramifications The settlement also resolves claims by 43 state regulators Jan 17 (Reuters ...
Hoodline3d
New York AG Letitia James and SEC Secure $106 Million from Vanguard for Failing to Notify Investors About Tax Impacts
New York AG secures $106M from Vanguard for not informing investors about changes leading to unexpected taxes.
Vanguard will pay $106 million over 'misleading statements' about retirement funds
Vanguard agreed to pay $106.4 million to the Securities and Exchange Commission Friday to settle charges for “misleading ...
planadviser.com5d
SEC Fines Vanguard for Misleading Retail Target Date Fund Investors
The regulator determined that the firm failed to provide accurate details regarding the capital gains and tax consequences ...
Courthouse News Service6d
Investment firm Vanguard agrees to $106 million fine in SEC retirement fund probe
The $106.41 million penalty will be paid out to hundreds of thousands of investors, whom investigators say Vanguard failed to ...
NBC News6d
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
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 ...