CJ Schaible, Author at Vigilant LLC

$63.1 Million in Penalties for Recordkeeping Failures (12 Firms Charged)

SEC RELEASES Introduction The SEC continues to investigate and charge Firms that fail to meet regulatory requirements around recordkeeping. On January 13, 2025, nine (9) […]

Names Rule FAQ Released by the SEC

SEC RELEASES Introduction The SEC recently published an FAQ to answer certain industry questions surrounding the amendments to the Names Rule adopted in 2023. The […]

3 Firms Charged for Delayed Form D Filings

SEC RELEASES Introduction Three (3) Firms were charged $430,000 in total on December 20th, 2024 for failing to timely file Form D for Unregistered Securities […]

Vigilant Compliance Newsletter | December 2024

Monthly Newsletter In December, there were important releases that contained both Vigilant Insights and SEC Releases content. There was also a Vigilant Announcement regarding a recent Award Win. Below is a […]

Firm Charged $15 Million for Failure to Prevent and Detect Fraud

SEC RELEASES Introduction After four investment advisers and registered representatives (hereby, financial advisors) were charged with stealing millions of dollars, their firm was charged a […]

The Importance of Compliance Testing | Vigilant Insights

Vigilant Insights Introduction As Firms finalize their compliance programs from 2024, a common concern for Compliance Officers focuses on Annual Testing. Compliance Testing is an essential […]

Paul Atkins Nominated as SEC Chair | Salvatore Faia Insights

VIGILANT INSIGHTS Introduction On December 4th, 2024, Paul Atkins was nominated by president-elect, Donald Trump, to take over for current SEC Chair, Gary Gensler. This […]

Form PF Failures | $790k in Fines

SEC Releases Introduction Charges were announced on December 13th, 2024, against seven (7) Private Fund Advisers due to their failure to file Form PF. Private Fund Advisers with at […]

Vigilant Selected as Best Regulatory & Compliance Adviser | IAM Awards

Vigilant Announcements Vigilant is thrilled to announce that for the second year in a row, we have been selected as the 2024 Best Regulatory & Compliance Adviser by Institutional Asset […]

Vigilant Compliance Newsletter | November 2024

Monthly Newsletter In November, there were important releases that contained both Vigilant Insights and SEC Releases content. Below is a brief overview of what took place in […]

Trade Allocations Enforcement | Salvatore Faia Insights on Barron’s

VIGILANT INSIGHTS Introduction After recent charges against a Fund Manager related to Trade Allocations involving an alleged $600 Million cherry-picking scheme, Portfolio Managers are reviewing […]

2024 SEC Enforcement Results

SEC Releases Introduction The SEC has released their enforcement results for fiscal year 2024. This year was a record-setting year for financial penalties and remedies. As SEC Chair, Gary […]