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SEC Charges The Church of Jesus Christ of Latter-day Saints for Disclosure Failures

The Securities and Exchange Commission today announced charges against Ensign Peak Advisers Inc., a non-profit entity operated by The Church of Jesus Christ of Latter-day Saints to manage the Church’s investments, for failing to file forms that would have disclosed the Church’s equity investments, and for instead filing forms for shell companies that obscured theThe Securities and Exchange Commission today announced charges against Ensign Peak Advisers Inc., a non-profit entity operated by The Church of Jesus Christ of Latter-day Saints to manage the Church’s investments, for failing to file forms that would have disclosed the Church’s equity investments, and for instead filing forms for shell companies that obscured the » The FINANCIAL Crime ....

United States , Laura Metcalfe , Gurbirs Grewal , Jesus Christ , Paul Feindt , Exchange Commission , Securities Exchange , Denver Regional Office , Division Of Enforcement , Ensign Peak Advisers Inc , Latter Day Saints , Ensign Peak , Securities Exchange Act , Tracy Combs , Tanya Beard , Salt Lake Regional Office , Denver Regional ,

SEC Charges The Church of Jesus Christ of Latter-day Saints and Its Investment Management Company for Disclosure Failures & Misstated Filings

SEC Charges The Church of Jesus Christ of Latter-day Saints and Its Investment Management Company for Disclosure Failures & Misstated Filings
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United States , Laura Metcalfe , Gurbirs Grewal , Paul Feindt , Securities Exchange , Denver Regional Office , Division Of Enforcement , Ensign Peak , Securities Exchange Act , Tracy Combs , Tanya Beard , Salt Lake Regional Office , Denver Regional , Church Of Jesus Christ Latter Day Saints ,

ConTXT, Inc, Thomas J. Robbins, Daniel J. Merriman, Mark W. Wiseman, and Clark J. Madsen (Release No. LR-25005; Jan. 8, 2021)


Litigation Release No. 25005 / January 8, 2021
Securities and Exchange Commission v. ConTXT, Inc, Thomas J. Robbins, Daniel J. Merriman, Mark W. Wiseman, and Clark J. Madsen, No. 2:21-cv-00013 (U.S. District Court, District of Utah) filed January 7, 2021.
The Securities and Exchange Commission today announced settled charges against a Utah corporation, its principals, and two securities fraud recidivists for allegedly orchestrating two inter-related frauds resulting in approximately $11 million in investor losses.
According to the SEC s complaint, Thomas J. Robbins and Daniel J. Merriman met while incarcerated for separate and unrelated securities fraud convictions. The complaint alleges that after they were released, Robbins and Merriman created a high-yield trading program, and that, beginning in 2016, Robbins and Merriman solicited investor funds through a series of representations, including: that the Church of Jesus Christ of Latter-day Saints was a client; that ....

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