SEC Announces Deferred Prosecution Agreement with Amish Fund

The SEC announced that a non-profit corporation that offers securities to fund mortgage and construction loans to young Amish families in Ohio will ensure that its investors receive more timely and accurate information. The press release generally indicates that the fund is a good citizen, just not au courant on the securities laws (it had been formed in 1995 "by a group of Amish elders interested in furthering the Amish way of life" and they had not updated its offering materials for a period of 15 years).

View press release in full here (links externally to SEC website).
Additional Materials: Deferred Prosecution Agreement