Vigilant Insights

The Importance of Compliance Testing | Vigilant Insights

Vigilant Insights Introduction As Firms finalize their compliance programs from 2024, a common concern for Compliance Officers focuses on Annual Testing. Compliance Testing is an essential […]

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Paul Atkins Nominated as SEC Chair | Salvatore Faia Insights

VIGILANT INSIGHTS Introduction On December 4th, 2024, Paul Atkins was nominated by president-elect, Donald Trump, to take over for current SEC Chair, Gary Gensler. This […]

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Trade Allocations Enforcement | Salvatore Faia Insights on Barron’s

VIGILANT INSIGHTS Introduction After recent charges against a Fund Manager related to Trade Allocations involving an alleged $600 Million cherry-picking scheme, Portfolio Managers are reviewing […]

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Important Compliance Concerns for 2025

VIGILANT INSIGHTS Introduction As compliance departments prepare for 2025, there is much discussion about how compliance leaders can continue to look for gaps in their […]

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The SEC Marketing Rule and a New Administration | Will Clark Insights

Vigilant Insights Introduction With a new administration entering the White House in 2025, some are speculating that the regulatory climate the industry has faced for […]

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SEC Scrutiny of ESG Advertising | Maxwell Baker Insights

VIGILANT INSIGHTS Introduction The SEC recently charged a Firm $17,500,000 for misleading statements about the role of ESG in their investment strategies. In a recent […]

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RIC Risk Alert | Bernadette Murphy Insights

VIGILANT INSIGHTS Introduction The SEC recently released a Risk Alert focusing on frequent deficiencies found during their examinations of Registered Investment Companies (“RICs”). They have […]

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AI Oversight is Lacking for Firms | Maxwell Baker Insights

Vigilant Insights Introduction A recent survey that will be released in November reveals that although a majority of Financial Service Firms are considering the use of […]

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2025 Examination Priorities | Maxwell Baker Insights

VIGILANT INSIGHTS Introduction With the 2025 SEC exam priorities released last week, compliance professionals are analyzing their programs to ensure that they meet the regulatory requirements. The use […]

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Cybersecurity Demand Increases for Pension Funds | Laura Arnott Insights

VIGILANT INSIGHTS Introduction Cybersecurity continues to be a focus area for the SEC and the rest of the Financial Services and Investment Management industry. As […]

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Many Firms Abandon Prime Institutional Funds | Fred Teufel Insights

VIGILANT INSIGHTS Introduction As the SEC’s new liquidity and fee requirements went into effect Wednesday, October 2nd, 2024, many Firms have decided to terminate or […]

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$3.4 Million in Fines for Form 13F Failures | Michael Hogan Insights

VIGILANT INSIGHTS Introduction Multiple Firms were fined a combined $3.4 million in penalties for failing to file Form 13F in a timely manner. Form 13F […]

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