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SEC Risk Alert | Marketing Rule Compliance
SEC Releases Introduction On the heels of last week’s SEC announcement of 5 RIAs being charged for Marketing Rule Violations, on Wednesday, April 17th, the Division of Examinations (the […]
Read MoreRIA Pay-To-Play Violation Involving a Campaign Contribution
SEC Releases Introduction On April 15, 2024, the SEC announced an RIA violated the Pay-To-Play Rule by continuing to receive compensation from a government entity within two years after […]
Read MoreSEC Marketing Rule Violations | 5 RIAs Charged
SEC Releases Introduction The SEC announced on Friday, April 12th, that they have charged five (5) Registered Investment Advisers (“RIAs”) for Marketing Rule Violations. This was focused […]
Read MoreMisleading AI Statements | Fred Teufel Reacts
Vigilant Insights Introduction The SEC announced last month that two (2) Investment Advisers were charged $400,000 for misleading statements related to their use of Artificial […]
Read MoreRecordkeeping and Code of Ethics Failures | $6.5 Million RIA Fine
SEC RELEASES Introduction On April 3rd, the SEC announced charges against a Registered Investment Adviser (“RIA”) for “widespread and longstanding failures” regarding the recordkeeping of […]
Read MoreVigilant Compliance Newsletter | March 2024
Monthly Newsletter In March, we saw SEC Charges, SEC Statements, and Vigilant Announcements. Below is a brief overview of what took place in the month of […]
Read MoreFirst FINRA Fine for Use of Social Media Influencers
FINRA Introduction FINRA recently announced its first enforcement action related to the use of Social Media Influencers. This stems from FINRA’s Targeted Exam of Firm […]
Read MoreSEC Adopts Amendments Affecting Internet Investment Advisers
SEC Releases Introduction The SEC adopted amendments that affect the way Internet Investment Advisers register, particularly with small Investment Advisers. Although the different potential rule adoptions in 2024 address many topics, […]
Read MoreVigilant Shortlisted | Hedgeweek US Emerging Manager Awards
Vigilant Announcements After being selected for 2 Awards last year by Hedgeweek for their US Emerging Manager Awards, Vigilant is thrilled to announce that we have been shortlisted for 2 Awards this year that are […]
Read MoreMandatory Disclosures | Gensler Discusses at Columbia Law
SEC RELEASES Introduction On March 22nd, SEC Chair, Gary Gensler, spoke at a Columbia Law School conference. He discussed the importance of mandatory disclosures in […]
Read MoreMisleading AI Statements | SEC Charges Two Firms
SEC Releases Introduction On March 18th, the SEC announced charges against two Investment Advisers. Both Firms were found to have made false and misleading statements about their use […]
Read MoreSEC Commissioner, Mark Uyeda, Discusses the Administrative State
SEC Releases Introduction SEC Commissioner, Mark Uyeda, recently addressed the Council of Institutional Investors on the administrative state. He voiced his concerns at the growth […]
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