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Church of Jesus Christ of Latter-day Saints and its investment firm charged over filing failures spanning 20 years

The outside of the Church of Jesus Christ of Latter-Day Saints in Utah.
Photo: Getty Images

$32bn portfolio was split into 13 shell companies with filings misstated.

The SEC has charged the Church of Jesus Christ of Latter-day Saints and its investment firm Ensign Peak Advisers Inc. with disclosure failures and misstatement of filings. Ensign Peak, a non-profit entity operated by the Church to manage its investments, failed to file forms that would have disclosed the Church’s

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