SEC: Vanguard to Pay More Than $100 Million to Resolve Violations Related to Target Date Retirement Funds
January 18, 2025
January 18, 2025
WASHINGTON, Jan. 18 -- The Securities and Exchange Commission issued the following news release on Jan. 17, 2025:
The Securities and Exchange Commission today announced that The Vanguard Group, Inc. will pay $106.41 million to settle charges for misleading statements related to capital gains distributions and tax consequences for retail investors who held Vanguard Investor Target Retirement Funds (Investor TRFs) in taxable accounts. The settlement amount will be distributed to harme . . .
The Securities and Exchange Commission today announced that The Vanguard Group, Inc. will pay $106.41 million to settle charges for misleading statements related to capital gains distributions and tax consequences for retail investors who held Vanguard Investor Target Retirement Funds (Investor TRFs) in taxable accounts. The settlement amount will be distributed to harme . . .