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On February 21, 2023, the United States Securities and Exchange Commission (SEC) charged the Church of Jesus Christ of Latter-day Saints (LDS Church) and its non-profit investment arm, Ensign Peak Advisors (EP), for failing to disclose the LDS Church's investments, and instead creating shell companies whose purpose was to obscure the church's portfolio.
The Church of Jesus Christ of Latter-day Saints and a nonprofit entity that it controlled have been fined $5 million by the Securities and Exchange Commission over accusations that the religious ...
The Church of Jesus Christ of Latter-day Saints and its investment arm have been fined $5m for using shell companies to obscure the size of the portfolio under church control, the US Securities ...
Ensign Peak Advisors (/ ˈ ɛ n s aɪ n / EN-syne) [3] (EP) is the investment manager for assets of the Church of Jesus Christ of Latter-day Saints (LDS Church). [4]In 1997, the investment division of the LDS Church was spun off into a separate legal entity named after Ensign Peak, a hill that overlooks Salt Lake City. [4]
Alyssa Grenfell attended Brigham Young University (BYU), [1] where she adhered to the church's social and religious guidelines. At 23, [2] she was married in an LDS Church temple, filling traditional expectations of her upbringing. [3] Grenfell's departure from the LDS Church began in her mid-20s.
Ensign Peak Lags the S&P 500 as Church Wealth Approaches $265 Billion. This fund is, of course, only a portion of the Utah-based church's overall wealth, representing the U.S. stocks it holds ...
It was later named the "Church of the Latter Day Saints". It was renamed the "Church of Jesus Christ of Latter Day Saints" in 1838 (stylized as the "Church of Jesus Christ of Latter-day Saints" in the United Kingdom), [6] which remained its official name until Smith's death in 1844. This organization subsequently splintered into several ...
SANTA CLARA, Utah — Police are investigating after a church belonging to the Church of Jesus Christ of Latter-day Saints was found to be vandalized with vulgar language and obscene images overnight.