Blog
Misleading 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 […]
Read MoreVigilant Shortlisted as Finalist for The Drawdown Awards
Vigilant Announcements Vigilant is thrilled to announce that we have been shortlisted as the Best Compliance and Regulatory Adviser (Private Fund Industry) in Regulatory Compliance for 2024 by The Drawdown. The Drawdown Awards […]
Read MoreClimate-Related Disclosures | SEC Adopts Rules
SEC Releases Introduction The SEC announced on March 6th, 2024, that final rules have been adopted that require Firms to provide disclosures for information related to climate […]
Read MoreSEC Charges Firm $950k for Disclosure Failures
SEC Releases Introduction The SEC charged an Investment Adviser with disclosure failures related to required 13G and 13D Filings. Failures to submit timely required filings are taken seriously by […]
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