A major SEC fine against Vanguard reveals serious issues with target date retirement funds. The $106 million penalty highlights how fund changes can trigger unexpected tax consequences for investors.

In addition to the $40 million Vanguard agreed to pay to investors as part of a class action suit in November, the SEC now ...

It shouldn't be surprising that this Vanguard ETF offers the highest dividend yield. Utility stocks have been a long-time ...

Several thousand people in Illinois are eligible to receive a share of a $106 million multi-state settlement with mutual fund ...

SPRINGFIELD - Several thousands of Illinois residents are eligible to receive a share of a $106 million multi-state ...

Vanguard, one of the world’s largest asset managers, has agreed to pay a $106.4 million fine to settle charges brought by the ...

Approximately 9,000 Illinois residents will be able to claim money from a settlement with Vanguard.

By Matthew Goldstein 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 ...

The violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds.

Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target ...