Blog
SEC Disclosure Amendments (N-PORT and N-CEN) | Liam Clarke Insights
Vigilant Insights Introduction The SEC made changes to certain disclosure requirements recently involving N-PORT and N-CEN filings. The changes were adopted on August 28th, 2024. One of the changes requires […]
Read MoreRecordkeeping Violations Display No Slow Down | $1.3M in Fines
SEC RELEASES Introduction Recordkeeping failures have been costly for multiple Firms in the past few years. We have seen recent recordkeeping failures cause millions in […]
Read MoreSEC Swing Pricing Proposal Shelved | Fred Teufel Insights
VIGILANT INSIGHTS Introduction The SEC adopted additional requirements on August 28th, 2024, related to Forms N-PORT and N-CEN. Form N-PORTs must be filed monthly instead […]
Read MoreSEC Recordkeeping Enforcements | Bernadette Murphy Insights
VIGILANT INSIGHTS Introduction The SEC’s recent charges related to recordkeeping in August clearly indicate that the SEC has no intention of relenting. Twenty-six (26) Firms […]
Read MoreVigilant Wins 2024 Hedge Fund Compliance Award!
Vigilant Announcements Vigilant is thrilled to announce that we have been awarded as the 2024 Best Advisory Firm – Regulation and Compliance by With Intelligence for their 2024 HFM (Hedge Fund Manager) […]
Read More$1.2 Million in Marketing Rule Violations | 9 Firms Charged
SEC RELEASES Introduction On September 9th, 2024, the SEC announced charges against nine (9) Firms for Marketing Rule violations. The settlements amounted to $1,240,000 in […]
Read More3 SEC Charges | Marketing Rule, Recordkeeping, and Custody Rule
SEC RELEASES Introduction September 3rd, 2024 was a busy day for SEC Enforcement. There were Recordkeeping failures amongst six Credit Rating Agencies that saw more […]
Read MoreVigilant Shortlisted for ETF Compliance and Distributor Awards
Vigilant Announcements Vigilant is thrilled to announce that we have been shortlisted for the following awards below by ETF Express for their 2024 US ETF Awards. Vigilant Distributors, […]
Read MoreWeathering the Storm: Successful Compliance in A Regulatory Whirlwind
Vigilant Insights Introduction There is little to argue that compliance success has become a more difficult achievement in the past few years. Firms discovered early on that more resources than ever would be […]
Read MoreCustody Rule Violations | Will Clark Insights
VIGILANT INSIGHTS Introduction A New York Firm was charged $75,000 for allegedly violating custody and compliance rules in relation to their audited financial statements. The […]
Read MoreSEC Charges for Off-Channel Communications | Donna DiMaria Insights
VIGILANT INSIGHTS Introduction The industry received a big reminder this month that the SEC continues to target off-channel communications by Firms, with Twenty-Six (26) Firms […]
Read MorePay-to-Play Violations | Maxwell Baker Insights
Vigilant Insights Introduction A Texas Firm was charged a $95,000 penalty on August 19th for violating the Pay-to-Play Rule. This occurred because an employee had donated over $7,000 to an elected official who’s […]
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