Church of Jesus Christ of Latter-day Saints, Its Investment Adviser Settle SEC Probe

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The Church of Jesus Christ of Latter-day Saints' money manager will pay $4 million to settle SEC claims of obscuring the church's investments

WASHINGTON– Ensign Peak Advisors Inc., which oversees a $32 billion equities portfolio for the Church of Jesus Christ of Latter-day Saints, will pay $4 million to settle regulatory claims that the money manager obscured the church’s investment holdings.

The church will also pay a $1 million fine, the Securities and Exchange Commission announced Tuesday. The money manager and the church settled the SEC’s investigation without admitting or denying wrongdoing.

 

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동글아 사랑의 세레나데를 불러줄까?

Taxes paid?

kind of what they're good at....cheating, lying and stealing

a holy bargain of divine math

China government said they do not believes GOD. They believe themselves. May be they will control your country soon.

SEC incredibly weak. $4.0M is peanuts.

Pennies. Absurd.

Tax the church. This is absurd

Jesus saves

Need to tax churches.

they need to pay taxes on their billions

Same transcript?

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