Ensign, but not peak.On 21st February 2021, the SEC fined Ensign Peak Advisors and The Church of Jesus Christ of Latter-day Saints $5 Million collectively. But for the international audience, what does all of this mean? The Senior Leadership of The Church of Jesus Christ of Latter-day Saints has been involved in misleading financial behaviour that has caused an SEC settlement of $5 Million. Is this grounds for Church Discipline?
Shell, but not company.
Intentionally misleading financial behavior, but not fraud.