As Trump Attacks D.E.I., Wall Street Worries
Posted inAppointments and Executive Changes Banking and Financial Institutions Citigroup Inc Diversity Initiatives Goldman Sachs Group Inc Hedge Funds Minorities Nasdaq Stock Market Paribas Race and Ethnicity Regulation and Deregulation of Industry Solomon, David M Trump, Donald J United States Politics and Government Vanguard Group Inc

As Trump Attacks D.E.I., Wall Street Worries

Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.
Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
Posted inCapital Gains Tax Compensation for Damages (Law) Fines (Penalties) Gensler, Gary S LPL Financial Pensions and Retirement Plans Securities and Commodities Violations Securities and Exchange Commission Suits and Litigation (Civil) Two Sigma Investments LLC Vanguard Group Inc

Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors

An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.