Vigilant Compliance Newsletter | May 2026
Monthly Newsletter
In May, there were important releases including Vigilant Events, Vigilant Insights and SEC Releases.
Below is a brief overview of what took place in the month of May, and what is approaching for June.
Events & Public Appearances by Officials
- 06/04/26 – Investor Advisory Committee
- 06/04/26 – Closed Meeting
- 06/09/26 – U.S. Chamber of Commerce: Capital Markets Summit
- 06/16/26 – 2026 Compliance Outreach Program Regional Seminar for Investment Advisers and Investment Companies (New York)
- To see upcoming 2026 SEC Meetings and Public Appearances click HERE!
Materials
Vigilant Events:
Reg S-P Webinar Replay | Vigilant Events
- On Thursday, May 7th, 2026, Vigilant participated in a co-hosted Reg S-P Webinar with it’s affiliated Cybersecurity Firm, SilverPillar Cyber Advisors, as well as Stradley Ronon, Stevens & Young, LLP, and Morgan, Lewis & Bockius LLP.
- In case you were not able to attend the Webinar, we have provided the Webinar Replay which can be found by clicking here.
Vigilant Insights:
Navigating Cyber Threats: What RIAs Should Be Doing Now
- Cybersecurity continues to be a growing area of focus for Registered Investment Advisers (“RIAs”), particularly as data breaches impact Firms of all sizes. In line with the Reg S-P amendments, Firms are expected to implement more robust safeguards, including formalized incident-response plans.
- Vigilant Director, Laura Arnott, CFA, CIPM, IACCP®, CTPRP, CRISC, provided her insights on Financial Advisor IQ which focused on how RIAs can protect themselves and clients in case of data breaches.
- To read more, click here.
SEC Enforcement: What’s Ahead for Private Markets
- At the MFA Legal & Compliance 2026 Conference, David Woodcock, Director of the SEC Division of Enforcement, outlined how he intends to lead the Division. He emphasized the SEC’s mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation as the framework for enforcement activity.
- Vigilant Director, Maxwell Baker, Esq., shared his perspective with FundFire regarding David Woodcock’s recent remarks.
- More on Max’s insights here.
Breakaway Advisor Compliance: Where to Start
- More Financial Advisors are choosing to leave Broker Dealers and Wirehouses to launch or join independent Registered Investment Advisers.
- While independence offers significant opportunities, it also means assuming responsibility for compliance, regulatory oversight, and risk management, functions that may have previously been handled by a larger institution.
- In this article, Vigilant provides important considerations and compliance items for Breakaway Advisors. Click here to learn more.
SEC Releases:
SEC Leadership Signals Regulatory Priorities in Latest Conference Remarks
- At the SEC’s 13th Annual Conference on Financial Market Regulation, SEC Chairman Paul Atkins, SEC Commissioner Mark Uyeda, and SEC Commissioner Hester Peirce each delivered remarks addressing various aspects of financial market regulation, SEC rulemaking, and the role of regulatory oversight in modern markets.
- Read Vigilant’s Key Takeaways here.
The Vigilant Team is always happy to schedule a time to chat, feel free to contact us with any questions!
