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Showing 1 - 7 of 7 results for "Fair Fund"

Franklin Templeton's Western AM hit with US$100m penalty

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
... within the meaning of Section 203(e)(6) of the Advisers Act," the SEC said. The civil penalty will be deposited into a Fair Fund and Western AM will distribute the funds to harmed investors. A specialist in fixed income strategies, Western AM has about ...

Vanguard fined US$106m for investors' massive tax bill

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... and desist from future violations, and pay a total of US$106.41 million to be distributed to affected investors via a Fair Fund. "Vanguard is committed to supporting the more than 50 million everyday investors and retirement savers who entrust us with ...

Emerging markets well placed for 2024

CHLOE WALKER  |  FRIDAY, 19 JAN 2024
Robeco and Principal Asset Management predict strong performance in emerging markets this year from a macroeconomic and valuation standpoint. According to new research by Robeco, the five-year expected return forecast for emerging markets is 8.25% ...

Alpha females

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
The integration of environmental, social and governance concerns (ESG) into investment decisions has well and truly gone mainstream - but there is one element of governance that still flies under the radar for many investors. That is, gender diversity ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... the besieged bank. In settlement with the SEC, Wells Fargo has agreed to establish a $756 million (US$500 million) "Fair Fund" for the benefit of investors who were harmed by the fake account scandal. The "Fair Fund" is included in the overall penalty. ...

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
... fair dealing," he said. Around $280 million or half of the monies will be returned to the affected investors through a Fair Fund distribution and the rest will go to the US Treasury. According to Bloomberg, the $620 million sum amounts to 14 days of ...

US investors receive $312m from Fair Fund

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
... US investors. This time the Securities and Exchange Commission (SEC) is about to distribute $312 million through the Fair Fund created as part of the settlements with Qwest Communications International and several of its former executives. "Since the ...
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