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David Nielsen, who worked at Ensign Peak Advisors – the Church of Jesus Christ of Latter-day Saints' investment firm – filed an IRS complaint about the firm. He explained his allegations to ...
A look at highlights and the complete order from the Securities and Exchange Commission about the stock filings of The Church of Jesus Christ of Latter-day Saints and its Ensign Peak Advisors.
In 2019, David Nielsen—a member of the church and former Ensign Peak investment manager—filed a complaint with the SEC alleging that Ensign Peak had amassed $100 billion in accounts intended ...
New federal reports filed by the global faith’s Ensign Peak Advisors indicate its holdings in stocks, mutual funds and other investments were worth $54.7 billion at the end of June — $32 ...
According to the SEC, Ensign Peak failed to disclose the church’s equity investments between 1997 and 2019 and instead filed forms with “shell” companies as opposed to filing them in the ...
To settle the charges, Ensign Peak agreed to pay a $4 million fine and the LDS church agreed to pay a $1 million penalty. “We allege that the LDS Church’s investment manager, ...