Vigilant Compliance Newsletter

Published on Sep 1st, 2026 |

Monthly Newsletter

In August, there were important releases including Vigilant Announcements, Vigilant Insights, and SEC Releases.

Below is a brief overview of what took place in the month of August, and what is approaching for September.

Vigilant Announcements:

Vigilant is thrilled to announce that we have been shortlisted for three (3) Awards by Private Equity Wire for their US Awards.
Private Equity Wire nominated Firms based on a widespread survey of more than 500 GPs and other key industry participants. They have highlighted and celebrated the best service providers, fundraising, and performance for over 6 years.
To learn more or to vote for Vigilant, click here.

Vigilant is thrilled to announce that we have been shortlisted as the Best ETF Regulatory/Compliance Adviser and Best ETF Distributor by ETF Express for their 2026 US ETF Awards.
The ETF Express Awards conducted a widespread survey for industry participants as a part of their methodology for Service Provider Categories and for ETF Issuers that is based on data provided by Trackinsight. ETF Express has highlighted and celebrated the best service providers and issuers for over 11 years in the ETF space.
To learn more or to vote for Vigilant, click here.

Vigilant Insights:

Q2 2026 Compliance Trends | Vigilant Insights

This Vigilant Insights release provides coverage on several highlighted areas receiving increased regulatory attention during the second quarter.
These areas include Reg S-P readiness, AI governance, private fund compliance, conflicts & fee practices, and more.
Click here to view Vigilant’s compliance trends of Q2.

A recent report involving a senior Forbes editor and an undisclosed $6 million payment from the Founder of Shook Research has raised questions about the transparency and credibility of Third-Party Advisor Rankings.
Vigilant Director, Laura Arnott, was quoted in Wealth Management regarding an article they wrote on this topic.
Find Laura’s thoughts surrounding the topic here.

SEC Releases:

The SEC recently announced a settled enforcement action against a $357 Million AUM RIA (Wealth Manager with a separately registered Broker/Dealer) for charging advisory fees that were inconsistent with its advisory agreements and Form ADV disclosures.
The Adviser did not adequately disclose certain conflicts of interest related to affiliated compensation and failed to implement its written compliance policies and procedures governing fee calculations and related disclosures.
For Key Takeaways, click here.

The SEC charged a New York Investment Adviser that managed Private Funds investing in Pre-IPO Companies (such as SpaceX and Klarna), its CEO, and three affiliated General Partners, with allegedly defrauding investors and client Funds.
The SEC alleges that the defendants engaged in a multi-part scheme involving multiple violations.
Learn more here.

The SEC’s Division of Examinations issued a Risk Alert on August 28^th, 2026, regarding compliance with Exchange Act Rule 17Ad-17, known as the Lost Securityholder and Unresponsive Payees Rule.
The Division is sharing examination observations for Firms to consider when evaluating their compliance with the Rule.
More details and Vigilant’s thoughts here.

The Vigilant Team is always happy to schedule a time to chat, feel free to contact us with any questions!