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 officials from New York, Connecticut and New Jersey over alleged misleading statements in fund prospectuses that led retirement plan investors to incur high capital gains taxes.
Vanguard agrees to pay investors $106 million after failing to disclose retirement fund changes
Vanguard, one of the largest mutual fund companies in the United States agreed to pay investors $106 million, CNN reports.
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.
Vanguard to Pay More Than $100 Million Over Target-Date Fund Mess
Regulators penalized Vanguard over allegedly misleading statements after the company made changes to target-date funds that stuck some investors with big tax bills.
Vanguard To Pay $106M Over Alleged Retirement Fund Violations
The money will go to target-date fund investors whom the company failed to warn about capital gains tax hits, the SEC said.
Vanguard to Pay $106 Million Over Retirement Fund Violations
Vanguard Group will pay more than $106 million to settle US Securities and Exchange Commission allegations that it made misleading statements about capital gains distributions and tax consequences to retail investors who held popular target-date retirement funds in taxable accounts.
Vanguard to 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 statements” connected to its target retirement funds that resulted in higher taxes for retail investors,
Vanguard settles SEC charges over misleading statements for $106.41 million
The Vanguard Group, Inc. has agreed to pay $106.41 million to settle charges from the Securities and Exchange Commission (SEC) over misleading statements related to capital gains distributions and tax consequences for retail investors.
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 allegedly misleading statements related to capital gains distributions and tax consequences for retail investors who held Vanguard Investor Target Retirement Funds in taxable accounts,
Vanguard to pay more than $100 million to SEC over violations involving target date retirement funds
The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The fine of $106.41 million will be distributed to harmed investors,
Arkansas party in $106 million settlement with Vanguard
Arkansans who invested in Vanguard retirement funds are in line to be repaid for some losses, the Arkansas Securities Department announced Friday. Arkansas joined the U.S. Securities and Exchange ...
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Iowa has joined a $106 million dollar settlement with Vanguard over big tax bills for investors
The settlement stems from a three-year multi-state task force investigation coordinated through the North American Securities ...
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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T. Rowe Price vs. Vanguard
Hans Daniel Jasperson has over a decade of experience in public policy research, with an emphasis on workforce development, education, and economic justice. His research has been shared with ...
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Vanguard CD Rates: January 2025
Vanguard CDs are reserved for customers of the brokerage firm. They can be opened with a $1,000 minimum deposit and purchased in $1,000 increments. Vanguard charges no fees for new brokered CDs.