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Under30CEO on MSNVanguard settles $106M suit over tax failuresThe Pennsylvania-based investment company Vanguard has reached a $106 million multi-state settlement following a lawsuit over ...
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Vanguard to pay more than $100 million to SEC over violations involving target date retirement fundsThe alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The payment of $106.41 million will be distributed ...
Low fees made the group a passive investing powerhouse. But it needs to improve tech and service as it pushes into wealth ...
The SEC’s order finds that Vanguard’s disclosures failed to warn investors about tax risks tied to fund redemptions.
But that doesn't mean you can't also generate a great return from ETFs. One fund that has risen by around 160% since 2020 is ...
The alleged violations began on Dec. 11, 2020, when Malvern-based Vanguard lowered the minimum initial investment amount of Vanguard Institutional Target Retirement Funds from $100 million to $5 ...
Top mutual fund manager Vanguard removed some of its guidance for U.S. companies to include women and minority directors, a ...
This strategy had 48% of its assets in utilities stocks at the end of 2020, a little less than the 52% that the new benchmark had in utilities stocks (per Vanguard data). The MSCI ACWI Energy ...
The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The SEC order found that the change spurred ...
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