Vigilant Insights
8 Important Considerations for Dual-Hatted CCOs
Vigilant Insights Brief Introduction It is common practice that some small and medium-sized Firms will have a CCO that also has additional job titles/responsibilities (e.g., President, […]
Read MorePreparation Required for New Cybersecurity Rules
Vigilant Insights Brief Introduction In a recent Deloitte Survey, 26% of Firms surveyed have not prepared for the new SEC cybersecurity rules. With differing effective dates based on size, Firms will […]
Read MoreETF Class | Salvatore Faia (President & CEO) Insights
Vigilant Insights Introduction Dimensional Fund Advisors has a pending application with the SEC with the hope of expanding the exemptive relief that Vanguard had previously obtained around twenty years ago. […]
Read MoreRecent Marketing Rule Enforcements | Thayne Gould Reacts
Vigilant Insights Brief Introduction The SEC recently announced charges against nine (9) firms related to the use of hypothetical performance. These charges emphasize the SEC’s focus on marketing […]
Read MoreMajor Overhaul of Resources for AI Proposal | Fred Teufel Insights
Vigilant Insights Brief Introduction The SEC’s rule proposal related to artificial intelligence (“AI”) and data analysis has made waves in the Registered Investment Adviser (“RIA”) industry. As firms […]
Read MoreMarketing Rule Sweeps | Bernadette Murphy Insights
Vigilant Insights Brief Introduction As the SEC continues to announce violations related to the Marketing Rule, Firms are understandably worried about their performance if they are included in an […]
Read MoreInterval Fund Faces Valuation Issues | Fred Teufel Reacts
Vigilant Insights Brief Introduction Vigilant Director, Fred Teufel, CPA, MBA, CGMA, was quoted in an Ignites article recently discussing a request made to the SEC by a $44 […]
Read MoreImportance of Maintaining Records of Communications | Will Clark Insights
Vigilant Insights Off-channel communication violations continue to be a costly compliance mistake in the securities industry. Almost $549 million in fines have been handed out in the past month. In […]
Read MorePrivate Equity Firms Should Consider Outsourced Compliance
Vigilant Insights Brief Introduction Vigilant frequently emphasizes the importance of a proactive compliance culture. Firms that take compliance seriously can help decrease their risk of expensive regulatory fines […]
Read MoreFeeling “Overwhelmed” by Marketing Review | Vigilant Solutions
Vigilant Insights Brief Introduction The SEC has recently released a Risk Alert describing the large amount of documents typically requested during SEC Examinations. With the SEC’s first enforcement action related […]
Read MoreRegulatory Impact on Smaller Firms | Bernadette Murphy Insights
Vigilant Insights Brief Introduction Vigilant Managing Director, Bernadette Murphy, MSL, was recently quoted in InvestmentNews discussing the impact of SEC regulations on Registered Investment Advisers (“RIAs”). As the SEC […]
Read MoreAI and Messaging Compliance | Michael Hogan Insights
Vigilant Insights Brief Introduction With the recent SEC charges of $289 million related to electronic recordkeeping failures, which increases the total fines ordered to over $1.5 billion for […]
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