Daily Archives: February 11, 2023, 10:00 am

Mormon Church’s Investment Arm Under Investigation by SEC – WSJ

The Securities and Exchange Commission is investigating the Mormon Church’s past efforts to keep its giant investment portfolio a secret, a practice that ended after a former employee revealed in 2019 that the church had amassed $100 billion of holdings. The SEC’s investigation has focused on whether the Church of Jesus Christ of Latter-day Saints, also known as LDS, complied…

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