Blog
7 Tips To Build A Successful Compliance Program
Vigilant Insights Brief Introduction Regulatory errors can be costly, not only from a fine and disgorgement perspective, but from a business and reputational perspective. It has become […]
Read More7 Steps to Maintain Compliance with the Marketing Rule
Vigilant Insights Brief Introduction The New Marketing Rule goes into full effect November 4th 2022. Firms across the industry should be taking immediate action to ensure that […]
Read MoreNew SEC Rule Amends Modern Preservation of Electronic Records
SEC Releases Brief Introduction On October 12th, the SEC voted to amend the electronic recordkeeping, prompt production of records, and third-party recordkeeping service requirements for security-based swap dealers, […]
Read MoreMalfunction On Commenting For 11 Rulemaking Releases
SEC Releases Brief Introduction The SEC routinely opens a comment period for rulemaking releases to allow any interested and affected persons the chance to give their input. […]
Read MoreBreaches of Fiduciary Duty and Compliance Failures | SEC Charge
SEC Releases Brief Introduction Last month, an Investment Adviser was charged by the SEC with a $200,000 civil penalty and required to pay clients $575,589 in restitution for “breaches of fiduciary […]
Read MoreVigilant Monthly Newsletter | September 2022
Vigilant Monthly Newsletter In this edition of Vigilant’s Monthly Newsletter for September, we saw our highest amount of content for the year which included important SEC releases […]
Read MoreSEC’s Examination Approach on Rule 18f-4 | Chuck Martin Reacts
Chuck Martin Observations | Vigilant Insights Brief Introduction Vigilant’s Chief Operating Officer, Chuck Martin, provided his thoughts on BoardIQ that focuses on the SEC’s examination of Fund […]
Read MoreFirst SEC Fine Under The Municipal Advisor Registration Rule
Brief Introduction For the first time under the municipal advisor registration rule, the SEC fined a Registered Broker Dealer for a violation of the Rule with $100,000.00 in penalties and […]
Read MoreSEC Chair Provides Comments on the SEC’s Agenda
Brief Introduction SEC Chair, Gary Gensler, made multiple comments during a 30-minute discussion with IAA CEO, Karen Barr, that gave insight into the SEC’s agenda for the industry’s regulatory environment. […]
Read MoreSEC Examination on Derivatives Rule | Chuck Martin Insights
Brief Introduction Vigilant’s Chief Operating Officer, Chuck Martin, provided his insights on BoardIQ that focuses on the SEC’s examination of a Fund’s Compliance with their […]
Read MoreSEC Charges $1.1 Billion to 16 Wall Street Firms
SEC Charges $1.1 Billion to 16 Firms Brief Introduction On September 27th, the SEC charged 16 firms over $1.1 Billion in penalties for “widespread and longstanding failures” […]
Read More“Do It Yourself” Compliance | 5 Unintended Outcomes
Brief Introduction Many firms underestimate the importance of a designated compliance team supporting their business. A common theme we have seen throughout the industry are firms designating a […]
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