Published on Sep 8th, 2021 |



Vigilant Newsletter | August 2021 Compliance Recap

In the month of August there were many important SEC Releases, as well some insights and takeaways from the thought leaders at Vigilant.

Also, in August Vigilant Celebrated its 17th Anniversary! Here’s to many more years of Compliance Excellence!

There are a few filings approaching for September.

To learn more about what took place in the month of August and what is coming up, keep scrolling!

New Rules, Regulations, and Guidance

Upcoming Filings:

  • 9/15/2021 TIC Form S due.
  • 9/23/2021 TIC Form SLT due.
  • 9/30/2021 Periodic Report for CPOs.
  • To stay up to date with the SEC Filing Deadlines in 2021 click HERE to view Vigilant’s Filing calendar.



Vigilant Insights:

FINRA Cites MSRB Rule G-13 In Action Against Broker Dealer

  • One of Vigilant’s Directors, Deane Armstrong, created a Whitepaper discussing issues raised by the recent FINRA Acceptance, Waiver, and Consent (AWC) letter of a Firm cited for MSRB Violations. This Whitepaper goes into detail on the AWC letter that was signed by a firm regarding alleged violations of MSRB Rules 13, 17, and 27.
  • Click here to download Vigilant’s Whitepaper!

10 Things Every Broker-Dealer Needs to Know About FINRA Rule 2210

  • FINRA Rule 2210 is a comprehensive regulation governing the approval, review, and recordkeeping of a broker-dealer’s communications and correspondence. Vigilant has broken down some of the many essential points to be aware of regarding FINRA 2210 to help you guide your communication and correspondence with retail and institutional investors.
  • To view Vigilant’s 10 key things to know about FINRA Rule 2210 click here!

SEC Releases:

SEC Charges 8 Firms for Failures in Their Cybersecurity Policies and Procedures

  • On  August 30th, 2021, the SEC announced that they have charged eight firms in three actions for failures in their cybersecurity policies and procedures. Vigilant broke down key points regarding cybersecurity policy and procedure failures for each firm.
  • Click here to read the release and Vigilant’s Takeaways on our blog.

SEC Charges Investment Adviser and it’s Associated Individuals for Violating Regulation SHO

  • On August 17th, 2021, the SEC announced that they charged an Investment Adviser and its Associated Individuals for providing inaccurate order-marking information that ended up causing executing brokers to violate Regulation SHO. The charges were settled from the Investment Advisers Principal and their Trader for causing a dealer to fail to register with the SEC.
  • Click here to read the release and Vigilant’s Takeaways on our blog.

SEC Issues $1 Million Fine Regarding a Cyber Breach for Mislead Investors

  • On August 16th, 2021, the SEC announced that they charged a London-based public company with a $1 Million fine for misleading investors about a 2018 cyber intrusion.
  • Click here to read the release and Vigilant’s Takeaways on our blog.

Who is Vigilant and what do they have to offer?

Vigilant is a full-service Investment Management Solutions Firm.

Vigilant offers core solutions:

  • Compliance Solutions
    • Investment Adviser
    • Mutual Fund
    • Private Equity
    • Hedge Funds
    • Exchange Traded Funds
    • Broker Dealer

Want to learn more about Vigilant?

Click HERE to view our new website and to see everything we have to offer.