Blog
FINRA Expels First Broker Dealer Under Regulation BI
FINRA Brief Introduction A New York Firm was expelled by FINRA on May 12th related to multiple Regulation BI violations. This would be the first […]
Read MoreSEC Continues Heightened Focus on Recordkeeping Failures
SEC Releases Brief Introduction On May 11th, two Broker Dealer Firms were charged by the SEC for “widespread and longstanding failures” relating to SEC recordkeeping requirements, specifically […]
Read MoreSEC Marketing Rule Enforcements Appear Inevitable
News and Alerts Brief Introduction The SEC Marketing Rule has been in full effect with a compliance date of November 4th, 2022. Recently, the Investment Adviser Association (“IAA”) […]
Read MoreFirst Charges Ever Filed by the SEC for Liquidity Requirement Violations
SEC Releases Brief Introduction On May 5th, the SEC charged a Firm $476,000 in disgorgement and civil penalties for aiding and abetting Liquidity Rule Violations by a Mutual Fund […]
Read MoreGensler Defends SEC Private Fund Proposals at MFA Forum
News and Alerts Brief Introduction SEC Chairman, Gary Gensler, spoke in front of the Managed Funds Association (“MFA”) about the reasoning behind the multiple SEC proposals affecting […]
Read MoreSEC Adopts Amendments to Form PF
SEC Releases Brief Introduction As “hinted” by SEC Chairman, Gary Gensler, at the MFA Conference recently, the SEC announced on May 3rd that the Proposed Amendments to Form […]
Read MoreSEC Chairman’s Agenda Has No Intention Of Stopping
News and Alerts Brief Introduction SEC Chairman, Gary Gensler, discussed multiple topics in a recent interview with InvestmentNews. He addressed the growing number of critics from leaders in both […]
Read MoreVigilant Monthly Newsletter | April 2023
Monthly Newsletter In April, we saw SEC Releases and important insights from Vigilant. Below is a brief overview of what took place in the month of […]
Read MoreReg BI | SEC Releases Bulletin for RIAs and BDs
SEC Releases Brief Introduction Last week, the SEC released a bulletin explaining the standards of conduct for Registered Investment Advisers (“RIAs”) and Broker Dealers (“BDs”) under Reg BI […]
Read MoreSEC Chairman’s Congressional Testimony | Key Takeaways
SEC Releases Brief Introduction On April 18th, SEC Chairman, Gary Gensler, gave testimony to the House of Representatives Committee on Financial Services. His testimony covered many topics […]
Read MoreSEC Charges Investment Adviser for Tax Service Misstatements
SEC Releases Brief Introduction On April 18th, an Investment Advisory Firm was charged by the SEC for misstatements and omissions relating to its automated tax loss harvesting service […]
Read MoreForm PF Filings are Due at the End of the Month (April 30th, 2023)
Vigilant Insights Brief Introduction SEC Registered Investment Advisers (“RIAs”) that manage Private Funds must file their Form PF by April 30th, 2023, if they meet certain […]
Read More