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[Vanguard Group Will Pay $106 Million To Settle SEC Charges] According To A Press Release From The U.S. Securities And Exchange Commission (SEC), The Vanguard Group, Inc. Will Pay $106.41 Million To Settle Charges Regarding Its Misleading Statements About Capital Gains Distributions And Tax Impacts, Which Affected Retail Investors Holding Vanguard Investor Target Retirement Funds (Investor Trfs) In Taxable Accounts. The Settlement Amount Will Be Distributed To Affected Investors. Earlier News, Vanguard Group CEO Tim Buckley Said The Company Would Not Seek Bitcoin ETFs Like Competitors Such As Blackrock And Fidelity. A Spokesperson Said The Reason For Not Launching Bitcoin ETFs Is The Same As The Reason Why Gold ETFs Have Never Been Launched. Bitcoin Lacks "intrinsic Value", Has No Cash Flow, And Is Too Volatile
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