Blog
Importance of Proactive Compliance | SEC’s Gurbir Grewal Reacts
SEC Releases Brief Introduction On October 24th, SEC Director of the Division of Enforcement, Gurbir Grewal, spoke to the New York City Bar Association at their Compliance Institute. […]
Read MoreSEC Chair, Gary Gensler, Fiscal Year 2023 Takeaways
SEC Releases Brief Introduction On October 25th, SEC Chair, Gary Gensler, spoke at the 2023 Securities Enforcement Forum. Labeling the SEC as “partners of honest business and prosecutors of […]
Read MoreVigilant Awarded as Best Regulatory Advisory & Compliance Firm
Vigilant Announcements (Vigilant Becomes Back-to-Back Hedgeweek US Award Winner) Vigilant is thrilled to announce that we have been awarded for the second year in a row […]
Read MoreCommissioner Uyeda Key Takeaways from the NSCP Conference
SEC Releases Introduction SEC Commissioner, Mark Uyeda, spoke at the National Society of Compliance Professionals (“NSCP”) Conference recently about various topics. Although his opinions are his own […]
Read More2024 SEC Division of Examinations Priorities | Key Takeaways
SEC Releases Introduction On Monday, October 16th, the SEC Division of Examinations released their examination priorities for 2024. To no surprise, they will continue to investigate […]
Read MorePreparation Required for New Cybersecurity Rules
Vigilant Insights Brief Introduction In a recent Deloitte Survey, 26% of Firms surveyed have not prepared for the new SEC cybersecurity rules. With differing effective dates based on size, Firms will […]
Read MoreDuty of Care and Disclosure Violations | $1.3 Million SEC Charge
SEC Releases Introduction On October 10th, the SEC charged an RIA for breaching its fiduciary duties. The Firm failed to properly disclosure conflicts of interests through its use […]
Read MoreETF Class | Salvatore Faia (President & CEO) Insights
Vigilant Insights Introduction Dimensional Fund Advisors has a pending application with the SEC with the hope of expanding the exemptive relief that Vanguard had previously obtained around twenty years ago. […]
Read MoreModernization of Beneficial Ownership Reporting | SEC Adopts Rule Amendments
SEC Releases Brief Introduction On October 10th, the SEC adopted rule amendments related to beneficial ownership reporting requirements. The amendments to Section 13(d) and 13(g) of the Securities Exchange Act […]
Read MoreRecent Marketing Rule Enforcements | Thayne Gould Reacts
Vigilant Insights Brief Introduction The SEC recently announced charges against nine (9) firms related to the use of hypothetical performance. These charges emphasize the SEC’s focus on marketing […]
Read MoreMajor Overhaul of Resources for AI Proposal | Fred Teufel Insights
Vigilant Insights Brief Introduction The SEC’s rule proposal related to artificial intelligence (“AI”) and data analysis has made waves in the Registered Investment Adviser (“RIA”) industry. As firms […]
Read MoreUnregistered Broker Activities | RIA Charged $821 Thousand
SEC Releases Brief Introduction An investment adviser was charged in September by the SEC for accepting compensation for brokerage services for its advisory clients. The adviser agreed to […]
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