Blog
ETF 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 […]
Read MoreMarketing Rule Sweeps | Bernadette Murphy Insights
Vigilant Insights Brief Introduction As the SEC continues to announce violations related to the Marketing Rule, Firms are understandably worried about their performance if they are included in an […]
Read MoreInterval Fund Faces Valuation Issues | Fred Teufel Reacts
Vigilant Insights Brief Introduction Vigilant Director, Fred Teufel, CPA, MBA, CGMA, was quoted in an Ignites article recently discussing a request made to the SEC by a $44 […]
Read MoreVigilant Shortlisted as Best Regulatory & Compliance Adviser
Vigilant Announcements Vigilant is thrilled to announce that we have been shortlisted as the Best Regulatory & Compliance Adviser for the Institutional Asset Manager Awards 2023. Place Your Votes […]
Read MoreImportance of Maintaining Records of Communications | Will Clark Insights
Vigilant Insights Off-channel communication violations continue to be a costly compliance mistake in the securities industry. Almost $549 million in fines have been handed out in the past month. In […]
Read MoreVigilant Compliance Newsletter | September 2023
Monthly Newsletter In September, we saw SEC Charges, new Adopted Rules, and Insights from Vigilant. Below is a brief overview of what took place in the month of […]
Read More10 Firms Charged $79 Million for Recordkeeping Failures
SEC Releases Brief Introduction The SEC announced multiple charges on Friday, September 29th, for violations of recordkeeping requirements. The following type of Firms below were charged: 5 Broker […]
Read MoreMaterial Misstatements Lead to SEC Charge | Marketing Rule
SEC Releases Brief Introduction The SEC remains active towards the Marketing Rule and has charged another Registered Investment Adviser (“RIA”) with violations towards it. As we reach […]
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