the SEC has started looking into Ensign Peak Advisors and busted them at least once https://www.christianpost.com/news/mormon-church-fined-5m-for-obscuring-bil

the SEC has started looking into Ensign Peak Advisors and busted them at least once https://www.christianpost.com/news/mormon-church-fined-5m-for-obscuring-billions-in-investmestments.html https://www.christianpost.com/news/mormon-church-fined-5m-fo... fine was only $5m, but it's on record that they're violators