SEC Charges Mormon Church For $32B Secret Investment Portfolio: Here Are The Details

The U.S. Securities and Exchange Commission has charged the Church of Jesus Christ of Latter-day Saints and its investment management company, Ensign Peak Advisors, for their $32 billion secret investment portfolio.

An official communication from the SEC states that the church failed to file the required forms that would have disclosed their equity investments, as they instead …

Full story available on Benzinga.com

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