Published 1 year ago

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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BBC News

Mormon Church fined over claim it hid $32bn of investments

The Church and its investment management company will pay a combined $5m penalty to the US regulator.

1 year ago·United Kingdom

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The Independent

Mormon church fined $5m for using shell companies to hide investments from the SEC

The US Securities and Exchange Commission says The Church of Jesus Christ of Latter-day Saints and its investment arm will pay $5m

1 year ago·London, United Kingdom

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Reuters

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

1 year ago·United Kingdom

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Associated Press News

Mormon church fined for obscuring $32 billion investment portfolio

SALT LAKE CITY (AP) — The Church of Jesus Christ of Latter-day Saints and its investment arm have been fined $5 million for using shell companies to obscure the size of the portfolio under church control, the U.S.

1 year ago·United States

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abc News

Mormon Church pays $5 million to settle accusations it covered up $32 billion investment portfolio

The Mormon Church agreed Tuesday to pay $5 million to settle charges involving disclosure failures and misstated regulatory filings.

1 year ago·United States

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CNN

Mormon Church to pay fine to settle charges it hid an approximately $32 billion investment fund

The Church of Jesus Christ of Latter-day Saints and its investment manager will pay a $5 million fine to settle regulatory charges that it hid a huge investment fund.

1 year ago·Atlanta, United States

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