CJ Schaible, Author at Vigilant LLC

Vigilant Compliance Newsletter | April 2025

Monthly Newsletter Printer Friendly Version In April, there were important releases including Vigilant Insights and SEC Releases. Below is a brief overview of what took place in […]

$2.9 Million Charge to RIA for Breach of Fiduciary Duty

SEC RELEASES Introduction An RIA was charged by the SEC on April 25th, 2025, for failing to disclose conflicts of interest, violating their fiduciary duty. […]

ETF/Mutual Fund Dual Share Class Anticipated Approval | Salvatore Faia Insights

Vigilant Insights Introduction It is anticipated that the SEC may approve the majority of exemptive relief applications for the dual share class structure. This will […]

Compliance Consulting Reimagined Under the SEC’s New Direction

Vigilant Insights Introduction With Paul Atkins now leading the SEC, there is a noticeable shift in regulatory philosophy that emphasizes transparency, consistency, and a less […]

SEC Cracks Down on AI Misrepresentation

SEC RELEASES Introduction On April 11th, 2025, the SEC charged a Founder and Former CEO (“CEO”), for allegedly defrauding investors by making false and misleading […]

SEC Unveils Structural Overhaul of Enforcement Division

News and Alerts Introduction It was recently reported that the SEC has reorganized the command structure for the Divisions of Enforcement and Exams. Previously, the […]

Maximize Compliance Efficiency: The Case for an Outsourced CCO

Vigilant Insights Introduction The decision to transition to an outsourced Chief Compliance Officer (“CCO”) is often driven by a variety of practical considerations, particularly in […]

Protect Your Acquisition: Outsourced Compliance Due Diligence

Vigilant Insights Who Is This Applicable To? Firms that are considering acquiring an Investment Adviser. Introduction When acquiring an Investment Adviser, conducting a thorough Compliance Due […]

Vigilant Compliance Newsletter | March 2025

Monthly Newsletter Printer Friendly Version In March, there were important releases including Vigilant Insights, FINRA and SEC Releases, and a Vigilant Shortlist Award Announcement. Below is a brief […]

SEC AI Roundtable | Key Takeaways

SEC Releases Introduction On Thursday, March 27th, 2025, the SEC hosted a Roundtable that specifically focused on Artificial Intelligence (“AI”) in the financial industry. As […]

SEC Charges Two (2) Officers and the Adviser for Misuse of Assets

SEC Releases Introduction The SEC announced charges earlier this month (March, 2025) against an RIA, and two of its Officers, for misuse of Fund and Company Assets. Compliance programs […]

FINRA Announces Proposed Rule 3290

FINRA Introduction On March 12, 2025, FINRA, in its Notice 25-04, announced its intention to launch a broad review of its regulatory requirements and identify ways […]