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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 […]
Read MoreThe 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 […]
Read MorePaul 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 […]
Read MoreForm 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 […]
Read MoreVigilant 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 […]
Read MoreVigilant 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 […]
Read MoreTrade 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 […]
Read More2024 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 […]
Read MoreImportant Compliance Concerns for 2025
VIGILANT INSIGHTS Introduction As compliance departments prepare for 2025, there is much discussion about how compliance leaders can continue to look for gaps in their […]
Read MoreThe SEC Marketing Rule and a New Administration | Will Clark Insights
Vigilant Insights Introduction With a new administration entering the White House in 2025, some are speculating that the regulatory climate the industry has faced for […]
Read MoreSEC Scrutiny of ESG Advertising | Maxwell Baker Insights
VIGILANT INSIGHTS Introduction The SEC recently charged a Firm $17,500,000 for misleading statements about the role of ESG in their investment strategies. In a recent […]
Read MoreRIC Risk Alert | Bernadette Murphy Insights
VIGILANT INSIGHTS Introduction The SEC recently released a Risk Alert focusing on frequent deficiencies found during their examinations of Registered Investment Companies (“RICs”). They have […]
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