Feds Are Investigating Mormon Church’s Investment Firm

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Feds Are Investigating Mormon Church’s Investment Firm
Nederland Laatste Nieuws,Nederland Headlines

The Securities and Exchange Commission reportedly wants to know if the church’s secretive practices broke any rules.

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The Securities and Exchange Commission is reportedly investigating whether the Mormon Church broke any rules with its secretive investment arm.

reports that the church is likely to pay a fine in a settlement over whether it complied with disclosure requirements for Ensign Peak, the investment firm it owns that is said to control $100 billion in holdings. The church, which asks members to tithe 10 percent of their income, declined to confirm the probe.

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Good

Tax. All. Churches. Every single one

Better check out those Catholics

Nederland Laatste Nieuws, Nederland Headlines

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