Blog

Recordkeeping and Code of Ethics Failures | $6.5 Million RIA Fine

SEC RELEASES Introduction On April 3rd, the SEC announced charges against a Registered Investment Adviser (“RIA”) for “widespread and longstanding failures” regarding the recordkeeping of […]

Read More

Importance of a Strong Culture of Compliance | Chelsea Bosiljevac Insights

Vigilant Insights Introduction The most recent SEC enforcement involving recordkeeping and off-channel communications reinforces our opinion that there will be no slowing down for the Agency when it comes to electronic recordkeeping […]

Read More

$81 Million Fines for Recordkeeping Failures (RIAs/BDs)

SEC Releases Introduction The SEC just announced that sixteen (16) Firms have been penalized $81 Million for widespread and longstanding recordkeeping failures. The types of Firms charged were: Affiliated Investment […]

Read More

10 Firms Charged $79 Million for Recordkeeping Failures

SEC Releases Brief Introduction The SEC announced multiple charges on Friday, September 29th, for violations of recordkeeping requirements. The following type of Firms below were charged: 5 Broker […]

Read More

11 Firms Charged by the SEC for Recordkeeping Failures

SEC Releases Brief Introduction On Tuesday, August 8th, the SEC announced that there have been 11 Wall Street Firms charged with widespread recordkeeping failures totaling combined penalties […]

Read More

SEC Continues Heightened Focus on Recordkeeping Failures

SEC Releases Brief Introduction On May 11th, two Broker Dealer Firms were charged by the SEC for “widespread and longstanding failures” relating to SEC recordkeeping requirements, specifically […]

Read More