Blog
Vigilant 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 […]
Read MoreVigilant Compliance Newsletter | February 2024
Monthly Newsletter In February, we saw Vigilant Insights, SEC Releases, and News and Alerts throughout the Industry. Below is a brief overview of what took place […]
Read More$1.5 Million Charge for ETF Launch Disclosure Failure
SEC Releases Introduction An RIA was recently charged $1.5 Million by the SEC for failing to provide proper disclosures about the launch of one of its new ETFs. The […]
Read More$2.2 Million Reg BI Violation | SEC Releases
SEC Releases Introduction A Broker Dealer was charged $2.2 Million on February 16th for failures to comply with Regulation Best Interest (“Reg BI”). Reg BI continues to be an enhanced focus for the […]
Read MoreSEC Chair, Gary Gensler, Discusses AI
SEC Releases Introduction SEC Chair, Gary Gensler, recently spoke at a Yale Law School event about Artificial Intelligence (“AI”) and the important role that regulators play. He discussed […]
Read MoreVigilant Named as 2024 Best Compliance Advisory Firm
Vigilant Announcements Vigilant is thrilled to announce that we have been named as the 2024 Best Compliance Advisory Firm by With Intelligence for their Fund Intelligence Operations […]
Read MoreImportance 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 […]
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