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News 2026-09-28 12:00 UTC

Vanguard Ordered to Pay $950,000 for Tax-Related Reporting Errors — Barrons.com

By Kenneth CorbinRegulators have fined asset management giant Vanguard $950,000 for reporting errors that misstated investors' cost basis on account statements, trade confirmations, and 1099 forms. The firm settled the matter with brokerage industry self-regulator Finra without admitting or denying…