SEC Releases Archives - Vigilant LLC

SEC Enforcement Highlights Undisclosed Conflicts of Interest in Adviser Referral Practices

SEC Releases Introduction On September 28, 2026, the SEC announced settled charges against an RIA that operated a service matching individuals with Third-Party Investment Advisers. The […]

SEC Proposes Amendments to Expand Retail Access to Private Markets

SEC Releases Introduction On September 30, 2026, the SEC proposed Amendments intended to expand retail investor access to Private Market Investments and modernize Regulated Fund […]

SEC Publishes New Examination Handbook

SEC Releases Introduction On October 1, 2026, the Securities and Exchange Commission’s (“SEC”) Division of Examinations (“EXAMS”) published a new SEC Exam Handbook. The Handbook […]

SEC Risk Alert | Annual Compliance Review Observations

SEC Releases Introduction On September 14, 2026, the SEC Division of Examinations issued a Risk Alert highlighting observations from recent examinations regarding Investment Advisers’ annual […]

Form 13F Filing Failures | $500k Penalty

SEC Releases Introduction The SEC recently announced settled charges for $500,000 against a Dually Registered Investment Adviser and Broker Dealer for failing to file required […]

“Pay-to-Play” Rule | SEC Proposes Rescission

SEC Releases Introduction On September 3, 2026, the SEC proposed rescinding Rule 206(4)-5 under the Investment Advisers Act of 1940, commonly known as the “Pay-to-Play […]

SEC Risk Alert | Lost Securityholder Rule Compliance

SEC Releases Introduction The SEC’s Division of Examinations issued a Risk Alert on August 28th, 2026, regarding compliance with Exchange Act Rule 17Ad-17, known as […]

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 […]