SEC Release Archives - Vigilant LLC

SEC Spring 2024 Regulatory Agenda Released

SEC RELEASES Proposed Rules Up for Final Approval! On July 8th, the SEC released their Spring 2024 Regulatory Agenda. In this Agenda includes a total […]

Cybersecurity Violations Result in $2.1 Million Penalty

SEC RELEASES Introduction A corporation was charged by the SEC on June 18th, 2024, for Cybersecurity Failures relating to control and procedure failures, along with […]

SEC Chair and Commissioners Discuss AI | SEC Releases

SEC RELEASES Introduction Artificial intelligence (“AI”) is a continued hot topic in the industry as Firms work to find efficient ways to provide services to […]

Risk Alert on Broker Dealer Examinations

SEC RELEASES Introduction The SEC released a Risk Alert on June 5th, 2024, explaining their examination processes on Broker Dealers. The Risk Alert discusses how […]

How to Cooperate During SEC Investigations | SEC Releases

SEC Releases Introduction On May 23rd, SEC Director, Division of Enforcement, Gurbir Grewal, spoke at the Securities Enforcement Forum West about the importance of cooperation […]

False Statements and Conflicts of Interest | Firm and Co-Founder Charged

SEC RELEASES Introduction On May 29th, the SEC announced charges against a previous RIA and its Co-Founder for statements made to investors and undisclosed conflicts […]

Reg SCI Failures | $10 Million SEC Charge

SEC RELEASES Introduction On May 22nd, the SEC announced a $10 million penalty against a business for failing to notify the SEC of a cybersecurity […]

Director of Enforcement Division Talks AI | Key Takeaways

SEC RELEASES Introduction Artificial Intelligence (“AI”) continues to grab the attention of regulators that are trying to stay ahead of the risks to investors. In […]

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 […]

SEC Adopts Amendments Affecting Internet Investment Advisers

SEC Releases Introduction The SEC adopted amendments that affect the way Internet Investment Advisers register, particularly with small Investment Advisers. Although the different potential rule adoptions in 2024 address many topics, […]

Mandatory Disclosures | Gensler Discusses at Columbia Law

SEC RELEASES Introduction On March 22nd, SEC Chair, Gary Gensler, spoke at a Columbia Law School conference. He discussed the importance of mandatory disclosures in […]

SEC Commissioner, Mark Uyeda, Discusses the Administrative State

SEC Releases Introduction SEC Commissioner, Mark Uyeda, recently addressed the Council of Institutional Investors on the administrative state. He voiced his concerns at the growth […]