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Vanguard to Pay $106 Million in Restitution
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.
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.
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 adequately inform of a critical change to its retirement funds.
2d
on MSN
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 ...
Hoodline
4h
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.
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State AG, SEC reach $106M settlement from investment adviser Vanguard Group
More than 15,000 New York investors, including 2,700 Long Islanders, were forced to pay higher capital gains taxes ...
Pensions&Investments
2d
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 ...
2d
Vanguard Settles With SEC Over Surprise Capital-Gains Taxes
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 to di ...
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Which Vanguard ETFs Offer the Highest Dividend Yields?
Investors can find plenty of great exchange-traded funds (ETFs) to generate income. Which Vanguard ETFs offer the highest ...
3d
Vanguard Mega Cap ETF (NYSEARCA:MGC) Stake Lowered by AdvisorNet Financial Inc
AdvisorNet Financial Inc trimmed its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report) by 7.8% in the ...
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