Vigilant’s experienced professionals have extensive knowledge in Investment Adviser, Broker-Dealer, Mutual Fund, Private Equity, and Cybersecurity compliance, risk, and technology. Vigilant provides insights on best practices, trends, and industry news. Our blog consolidates all SEC, Vigilant, and industry-specific compliance alerts, white papers, articles, etc., to help you stay informed and find the information that you will need and find useful.
SEC Releases
$2.2 Million Reg BI Violation | SEC Releases
February 23, 2024SEC Releases Introduction A Broker Dealer was charged $2.2 Million on February 16th for failures to comply with Regulation Best Interest (“Reg BI”). Reg BI continues to[...]
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SEC Releases
SEC Chair, Gary Gensler, Discusses AI
February 21, 2024SEC Releases Introduction SEC Chair, Gary Gensler, recently spoke at a Yale Law School event about Artificial Intelligence (“AI”) and the important role[...]
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SEC Releases
Form PF Amendments Adopted | SEC Releases
February 10, 2024SEC Releases Introduction The SEC adopted amendments to Form PF on February 8th, 2024. Their goal is to enhance reporting by large hedge[...]
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SEC Releases
$81 Million Fines for Recordkeeping Failures (RIAs/BDs)
February 09, 2024SEC Releases Introduction The SEC just announced that sixteen (16) Firms have been penalized $81 Million for widespread and longstanding recordkeeping failures. The types[...]
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SEC Releases
SEC Adopts Rules Relating to SPACs, Shell Companies, and Projections
January 25, 2024SEC Releases Introduction On January 24th, the SEC adopted final rules and amendments to enhance disclosures and provide additional investor protections in initial public[...]
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SEC Releases
Private Equity Adviser Charged $4 Million for Compliance Failures
January 04, 2024SEC Releases Introduction The SEC announced on December 26th that a New York Private Equity RIA was charged for Policies and Procedures failures, specifically related[...]
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SEC Releases
SEC Enforcement Results for FY 2023 | Key Stats and Trends
November 15, 2023SEC Releases Introduction On November 14th, the SEC released their enforcement results for the Fiscal Year 2023. The amount of enforcements has increased from 2022.[...]
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SEC Releases
Failure to Provide Proper Disclosures Leads to $2.5 Million Penalty
November 13, 2023SEC Releases Brief Introduction Recently, the SEC charged a well-known Investment Adviser for failures involving the description of investments within a Publicly Traded[...]
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SEC Releases
Importance of Proactive Compliance | SEC’s Gurbir Grewal Reacts
November 02, 2023SEC Releases Brief Introduction On October 24th, SEC Director of the Division of Enforcement, Gurbir Grewal, spoke to the New York City Bar[...]
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SEC Releases
SEC Chair, Gary Gensler, Fiscal Year 2023 Takeaways
October 31, 2023SEC Releases Brief Introduction On October 25th, SEC Chair, Gary Gensler, spoke at the 2023 Securities Enforcement Forum. Labeling the SEC as “partners of[...]
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SEC Releases
Commissioner Uyeda Key Takeaways from the NSCP Conference
October 26, 2023SEC Releases Introduction SEC Commissioner, Mark Uyeda, spoke at the National Society of Compliance Professionals (“NSCP”) Conference recently about various topics. Although[...]
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SEC Releases
2024 SEC Division of Examinations Priorities | Key Takeaways
October 17, 2023SEC Releases Introduction On Monday, October 16th, the SEC Division of Examinations released their examination priorities for 2024. To no surprise,[...]
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