Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission ...

Vanguard agreed to the fine without admitting or denying the SEC’s findings. Vanguard is one of the world’s largest asset ...

The SEC order found that the change spurred redemptions ... similar to another recent Vanguard legal run-in. In 2023, Vanguard was fined $800,000 by the Financial Industry Regulatory Authority ...