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SEC Charges and Financial Scrutiny of Ensign Peak Advisors
This chapter examines the SEC's recent $5 million fine against Ensign Peak Advisors, the investment management arm of the Church of Jesus Christ of Latter-day Saints, for failing to disclose equity investments and using shell companies. It addresses the church's defense, implications of the charges, and the broader context of the church's financial practices. The discussion underscores the importance of regulatory compliance, ethical leadership, and the impact of these developments on public perception of the church.