![]() ![]() was on the cusp of meeting his 100-day injection goal “way ahead” of schedule.Ĭoronavirus coordinator Jeff Zients said Friday that 2.5 million doses of the AstraZeneca vaccine would go to Mexico and 1.5 million would be sent to Canada. ![]() The Biden administration on Thursday revealed the outlines of a plan to “loan” a limited number of vaccines to Canada and Mexico as the president announced the U.S. vaccinations and supply improves, the White House said the nation is now in position to help supply neighbors Canada and Mexico with millions of lifesaving shots. is on pace to have enough of the three currently authorized vaccines to cover the entire adult population just 10 weeks from now.Īs the pace of U.S. “We may be able to double it,” he told reporters before leaving the White House for Atlanta. ![]() With the nation now administering about 2.5 million shots per day, Biden, who promised to set a new goal for vaccinations next week, teased the possibility of setting a 200 million dose goal by his 100th day in office. on Friday cleared President Joe Biden’s goal of injecting 100 million coronavirus shots, more than a month before his target date of his 100th day in office, as the president prepared to set his sights higher in the nationwide vaccination effort. The Massachusetts Securities Division “is looking at issues like those that recently happened with Vanguard,” a spokesperson for Galvin’s office told ThinkAdvisor then.WASHINGTON (AP) - The U.S. Galvin said he was particularly concerned by reports of inadequately disclosed fund changes that shifted financial burdens to small-dollar investors, resulting in large tax bills for those who held the funds in non-retirement accounts. Rowe Price Investment Services, American Fund Distributors, BlackRock Investments, Fidelity Brokerage Services and Vanguard Marketing Corp. William Galvin, Massachusetts’ top securities regulator, launched an investigation in late January into the purchase of target date mutual funds by Massachusetts customers in taxable accounts at five broker-dealers - T. Vanguard did not respond to a request for comment by press time. Naturally, plans with under $100M wanted the lower fees available to the Institutional Fund investors,” the lawsuit says. Plans with under $100M were limited to the Retail Funds, with higher fees. 1 “recipient of cash flowing into target-date funds,” the lawsuit continues.īecause most of the money in Vanguard’s target date funds “comes from company and institutional retirement plans,” Vanguard “is therefore incentivized to keep the managers of its retirement plans happy,” according to the complaint.īefore December 2020, “only retirement plans with $100M or more could access the Institutional Funds. Vanguard is also the largest TDF manager in the industry and the No. Vanguard, the lawsuit states, “competes to get the most assets under management, while maintaining low fees.”Īs one of the largest investment companies in the world, with over $8 trillion under management, and “the largest mutual fund provider,” it is “engaged in an ongoing ‘price war’ with its competitors,” the lawsuit continues. This was a gross violation of Vanguard’s fiduciary duties (among other legal duties).” But it either did not even consider these options, or did not care about hurting its smaller, taxable investors. Vanguard, the suit states, “had other, readily-available ways to lower costs for retirement plans without hurting its taxable investors. ![]()
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