SEC Releases Archives - Vigilant LLC

SEC Enforcement: Pre-IPO Fund Practices Under Scrutiny

SEC Releases Introduction On August 10, 2026, the SEC charged a New York Investment Adviser that managed Private Funds investing in Pre-IPO Companies (such as […]

$489k SEC Enforcement Action | Advisory Fee Practices Lessons

SEC Releases Introduction The SEC recently announced a settled enforcement action against a $357 Million AUM RIA (Wealth Manager with a separately registered Broker/Dealer) for […]

$400k 18f-4 Fine for ETF Compliance Failures

SEC Releases Introduction The SEC charged a $14 Billion RIA with multiple ETFs $400,000 for multiple violations of the Investment Company Act of 1940, including […]

Undisclosed Conflicts Lead to $125k SEC Enforcement

SEC Releases Introduction The SEC recently announced settled charges for a civil penalty of $125,000 against a former registered investment adviser representative for failing to […]

Chairman Atkins Outlines Regulatory Vision

SEC Releases Introduction In remarks delivered to the Economic Club of New York, SEC Chairman, Paul Atkins outlined his vision for returning the Commission to […]

Custody Rule and Annual Audit Failures Lead to $75,000 SEC Penalty

SEC Releases Introduction The SEC announced settled administrative proceedings against a $1.4 Billion ($22.3 Million in Pooled Investment Vehicles) RIA that served as the investment […]

SEC Enforcement Alert: Personal Trading and Compliance Lapses Lead to $1.5 Million Settlement

SEC Releases Introduction On June 8, 2026, the SEC announced settled charges against an RIA and its former CEO arising from alleged breaches of fiduciary […]

$201K Reg BI Enforcement Action: Lessons for Firms

SEC Releases Introduction The SEC charged a New York based Broker Dealer with failing to comply with Regulation Best Interest (“Reg BI”) in connection with Mutual Fund recommendations and […]

SEC Leadership Signals Regulatory Priorities in Latest Conference Remarks

SEC Releases Introduction At the SEC’s 13th Annual Conference on Financial Market Regulation, SEC Chairman Paul Atkins, SEC Commissioner Mark Uyeda, and SEC Commissioner Hester […]

SEC Charges Private Fund Adviser for Excess Fees and Misstatements

SEC Releases Introduction On April 9, 2026, the SEC filed a civil enforcement action against a Private Fund Investment Adviser and its Principal in the […]

SEC & CFTC Propose Form PF Changes to Reduce Private Fund Reporting Burdens

SEC Releases Introduction The SEC and CFTC jointly proposed amendments to Form PF aimed at reducing reporting burdens for Private Fund Advisers while still preserving […]

SEC FY25 Enforcement Results

SEC Releases Introduction The SEC’s Fiscal Year 2025 enforcement results signal a meaningful shift in how the agency approaches enforcement. While overall enforcement activity declined […]