Tag Archives: Russell Nelson

LDS To Pay $5 Million For Hiding Billions In Assets

The Wall Street Journal reports: 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 said Tuesday. The money …

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