The SEC found that Vanguard's failure to ... The fine comes on top of a $40 million settlement Vanguard reached in a related investor class-action lawsuit, which will be added to the restitution ...

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 ...

The prospectuses failed to disclose the potential for increased capital gains distributions, the SEC said. Vanguard also failed to adopt and implement written policies and procedures reasonably ...

The alleged violations stem from a 2020 change where Vanguard lowered the minimum ... growth of their investments," the SEC said in a press release. Get top local stories in DFW delivered to ...

Without admitting or denying the SEC’s findings, Vanguard agreed to be censured, cease and desist from future violations, and pay $18.2M in disgorgement and prejudgment interest that will be ...

The Securities and Exchange Commission said on Jan. 17 it had reached a multimillion-dollar settlement with Vanguard Group related to what the SEC had alleged were misleading statements related to ...

The SEC said the retail funds were then forced to sell assets to meet redemptions, and pass large tax burdens from capital gains to the remaining investors. While Vanguard did warn target-date ...

Per the SEC ... Vanguard accountable for misleading hundreds of thousands of people nationwide," James added. "New Yorkers deserve to retire in comfort and dignity, and that means ensuring their ...