Mississippi Secretary of State Joins $106 Million Settlement with Vanguard

JACKSON (GG) — The Mississippi Secretary of State’s office joined a taskforce of state securities regulators and the U.S. Securities and Exchange Commission (SEC) in a $106 million settlement with Vanguard Marketing Corporation (VMC) and The Vanguard Group, Inc. (Vanguard) for failing to supervise certain registered persons and failing to disclose potential tax consequences to investors following a change in investment minimums for certain target date retirement funds…

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