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Posts tagged as “Federal Security Service”

Church of Jesus Christ of Latter-day Saints Fined $5 Million by SEC for Failing to Properly Disclose Investment Holdings

Key takeaways: The Church of Jesus Christ of Latter-day Saints has agreed to pay a $5 million fine to settle charges with the Securities and Exchange Commission (SEC) for failing to properly disclose its investment holdings. The church had grown its portfolio to approximately $32 billion by 2018 and had sought to hide its investments and their management behind multiple…