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Importance of a Strong Culture of Compliance | Chelsea Bosiljevac Insights
Vigilant Insights Introduction The most recent SEC enforcement involving recordkeeping and off-channel communications reinforces our opinion that there will be no slowing down for the Agency when it comes to electronic recordkeeping […]
Read MoreForm PF Amendments Adopted | SEC Releases
SEC Releases Introduction The SEC adopted amendments to Form PF on February 8th, 2024. Their goal is to enhance reporting by large hedge fund advisers to assist regulators in […]
Read More$81 Million Fines for Recordkeeping Failures (RIAs/BDs)
SEC Releases Introduction The SEC just announced that sixteen (16) Firms have been penalized $81 Million for widespread and longstanding recordkeeping failures. The types of Firms charged were: Affiliated Investment […]
Read MoreFailure of Properly Implementing WSPs | FINRA Fine
FINRA Introduction A FINRA Firm was recently disciplined for failures to properly implement WSPs that would adequately review the electronic communications of its registered representatives. Without admitting or denying […]
Read MoreVigilant Compliance Newsletter | January 2024
Monthly Newsletter In January, we saw multiple Vigilant Insights, SEC Releases, and News and Alerts throughout the Industry. Below is a brief overview of what took […]
Read MoreVigilant 2024 Compliance Calendar | Download Here
Vigilant Insights Introduction As you continue to prepare for the new year, be sure to check out Vigilant’s 2024 Regulatory Filings Calendar, which includes Filing Deadlines for each […]
Read MoreReg BI Violations | Broker Suspended
News and Alerts Introduction FINRA has suspended a Broker for 18 months due to violations of Regulation Best Interest (“Reg BI”). These violations were discovered during a FINRA Exam […]
Read MoreSEC Adopts Rules Relating to SPACs, Shell Companies, and Projections
SEC Releases Introduction On January 24th, the SEC adopted final rules and amendments to enhance disclosures and provide additional investor protections in initial public offerings (IPOs) by special purpose […]
Read MoreA Partnership Driven Compliance Provider | Vigilant
Vigilant Insights Introduction With Vigilant’s recent Award Win as Best Regulatory Advisory & Compliance Firm by Institutional Asset Manager (“IAM”), we dove deeper into why we believe we won the […]
Read MorePotential 2024 SEC Rule Adoptions
Vigilant Insights Introduction With the Fiscal Year 2024 well underway, following two years of record-breaking enforcement numbers from the SEC, it is important for the industry to […]
Read More7 Effective Compliance Strategies for 2024
Establish a Plan of Action for 2024 Preparing for 2024 With the new year in effect, it is important to have a strong focus on your Compliance budgets to […]
Read MoreElectronic Communication Recordkeeping and SEC Enforcements
Vigilant Insights Introduction Electronic communication recordkeeping and supervision continue to be a priority for the SEC during Examinations; they have indicated that the fines will […]
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