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Breaches 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 […]
Read MoreSEC Hosting A Compliance Outreach Program Seminar On Nov. 15
SEC Compliance Outreach Program National Seminar The SEC recently announced the date for their Compliance Outreach Program National Seminar which will be on Tuesday, November 15th, at 8:30 […]
Read MoreSEC Charges $35 Million Over Failures to Protect “PII”
SEC Charges $35 Million Over Failures to Protect “PII” Brief Introduction On September 20th, the SEC charged a well known Firm with a $35 Million penalty over […]
Read MoreRisk Alert “Reminder” | New Marketing Rule
EXAMS Issues Risk Alert on New Investment Adviser Marketing Rule Brief Introduction On Monday, September 19th, the Division of Examinations (“EXAMS”), released a Risk Alert towards upcoming review […]
Read MoreVigilant Shortlisted As Best Regulatory & Compliance Firm
Vigilant Shortlisted as Best Regulatory & Compliance Firm Vigilant is thrilled to announce that we have been shortlisted for our third award this week as the Best Regulatory & […]
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