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Mormon church and investment co to pay $5 mln for misleading public -SEC

Summary by Reuters
The Church of Jesus Christ of Latter-day Saints (LDS) and its investment management company have agreed to pay a combined $5 million to settle charges they previously hid the church's multibillion-dollar stock portfolio from the public, the Securities and Exchange Commission announced on Tuesday.

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Star Advertiser broke the news in Honolulu, United States on Tuesday, February 21, 2023.
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