SEC Releases Archives - Vigilant LLC

$5M Fine Shows the Cost of Inaccurate Marketing

SEC Releases Introduction On September 18, 2025, the SEC announced a $5 Million Civil Penalty against a well-known Broker/Dealer for misrepresenting the accuracy and speed […]

Private Capital Markets | SEC Commissioner Takeaways

SEC Releases Introduction On September 4, 2025, SEC Commissioner, Mark Uyeda, opened the SIFMA Private Markets Valuation Roundtable by highlighting the vital role that Private Capital […]

Marketing Rule & Recordkeeping Violations | RIA Charged

SEC Releases Introduction On September 4, 2025, the SEC issued an administrative order against a $258 Million RIA for multiple compliance violations (Marketing Rule, Books and Records). […]

$6M SEC Penalty for RIA and BD Conflict Disclosure Violations

SEC Releases Introduction On August 29, 2025, the SEC charged another RIA ($159 Billion AUM) over $5 Million and its affiliated Broker/Dealer $750,000 for failing to adequately […]

$19.5M Fine for Failures in Disclosing Conflicts of Interest

SEC Releases Introduction On August 29, 2025, the SEC ordered a well-known Adviser ($300 Billion RIA – $9.3 Trillion Globally) to pay a fine of […]

Private Fund RIA Charged Over $1.2 Million for Excess Management Fees

SEC Releases Introduction The SEC has charged a $2.4 Billion AUM New York RIA over one (1) million dollars in civil penalties due to over […]

Enhancing Transparency: SEC’s New Guidance for Closed End Funds Investing in Private Funds

SEC Releases Introduction On August 15, 2025, the SEC’s Division of Investment Management issued Accounting & Disclosure Information (“ADI”) 2025‑16, focusing on Registered Closed‑End Funds […]

RIA Charged for Custody Rule Violations

SEC Releases Introduction The SEC charged an RIA on August 1st, 2025, for failing to comply with the independent verification requirements for Firms maintaining custody […]

Former CCO Charged for Altering Documents during SEC Exam

SEC Releases Introduction The SEC charged the Former CCO and Vice President of an RIA on July 15th, 2025, for modifying compliance documents requested by […]

RIA Charged Nearly $2 Million for Multiple Compliance Failures

SEC Releases Introduction On July 11, 2025, the SEC charged a New York RIA for failing to disclose conflicts of interest, overbilling clients, and through […]

Firm Charged Over $2 Million for False and Misleading Statements

SEC Releases Introduction An RIA was charged on June 30th for false and misleading statements made to investors. As the SEC continues its main goal […]

RIA and CEO Charged for Fraudulent Billing

SEC Releases Introduction The SEC charged a Chicago RIA, and its CEO, on July 3rd for charging improper fees. The SEC alleges that the Firm […]