Blog
SEC Imposes Largest Penalty Ever Against an Audit Firm
Brief Introduction On Tuesday, June 28th, the SEC announced that they charged a well known Audit Firm for employees cheating on the CPA Ethics Exam and withholding evidence […]
Read MoreSEC Adopts Rules to Require Electronic Filings
Brief Introduction On Thursday, June 23rd, the SEC adopted amendments to require certain documents filed by investment advisers, institutional investment managers, and certain other entities to […]
Read MoreSpring 2022 Regulatory Agenda | SEC Announcements
Brief Introduction On Wednesday, June 22nd, the SEC announced that the Office of Information and Regulatory Affairs released the Spring 2022 Unified Agenda of Regulation and Deregulatory […]
Read MoreSEC Charges Private Equity Adviser for Failing to Disclose Disproportionate Expense Allocations to Fund
Brief Introduction Today, June 14th, the SEC announced that they charged a Private Equity Adviser with allocating undisclosed, disproportionate expenses to a private equity fund it advises. […]
Read MoreVigilant Monthly Newsletter | May 2022
For May’s version of Vigilant’s Monthly Newsletter, we saw an important SEC Proposed Rule, SEC Releases, and important insights from Vigilant. Below is a brief […]
Read More5 Current Trends in Compliance
Brief Introduction to the Trends in Compliance As we get closer to Q3, we have seen a lot of forecasted trends for 2022 already taking […]
Read MoreSEC’s First-Ever Enforcement Proceeding Under Section 11 Of The Investment Company Act Of 1940
Brief Introduction Last week, the SEC’s first-ever enforcement proceeding under Section 11 of the Investment Company Act of 1940 occurred for improper switching or replacement of variable annuities. […]
Read MoreSEC Proposes New Rule Towards ESG Investment Practices
Brief Introduction On Wednesday, May 25th, the SEC released Proposed ESG Related Amendments for Funds and Advisers. Who Does This Apply To? This Proposed Rule is applicable to […]
Read MoreEXAMS Issues Reminder For The Marketing Rule Compliance Date
Brief Introduction On Monday, May 23rd, the Division of Examinations (“EXAMS”), sent out an email reminder to all SEC RIAs reminding them about the compliance date for […]
Read MoreSEC Fines RIA $760k+ Over Wrap Fees
Brief Introduction | SEC Fines RIA $760k+ Over Wrap Fees Recently, the SEC fined an RIA Firm over $760,000+ over Wrap Fees. The RIA and its advisors […]
Read MoreVigilant Monthly Newsletter | April 2022
For April’s version of Vigilant’s Monthly Newsletter, we saw important SEC Proposed Rules, Risk Alerts, and important insights from Vigilant. Below is a brief overview […]
Read MoreRISK ALERT | Investment Adviser MNPI Compliance Issues
Brief Introduction On April 26, 2022, the SEC Division of Examinations (“EXAMS”) noted common deficiencies related to Section 204A and the Code of Ethics Rule […]
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