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9 Marketing Rule Violations | SEC Charges
SEC Releases Brief Introduction On September 11th, the SEC announced charges against nine Registered Investment Advisers (“RIAs”) for violations of the Marketing Rule. All involved Firms had violations involving […]
Read MoreRisk Alert for Investment Advisers | SEC Releases
SEC Releases Brief Introduction The SEC Division of Examinations (“Division” or “EXAMS”) recently published a Risk Alert to give additional information about the Risk-Based Approach the Division takes for selecting Registered […]
Read More5 Advisory Firms Charged for Custody Rule Violations
SEC Releases Brief Introduction On September 5th, the SEC announced charges against five investment advisers for Custody Rule violations. The SEC requires compliance with the Custody Rule and the […]
Read MoreVigilant Monthly Newsletter | August 2023
Vigilant Monthly Newsletter | August 2023 In August, we saw many Insights directly from the Vigilant Team, SEC New Rules and Releases, SEC Charges, Vigilant Insights and Announcements, […]
Read MoreSEC Reopens Comment Period for RIA Safeguarding Rule
SEC Releases Brief Introduction Due to the new rules and amendments adopted on August 23rd, the SEC has reopened a 60-day comment period for the public to comment […]
Read MoreSEC Adopts Private Fund Rules
SEC Releases Brief Introduction As recently predicted, the SEC announced on August 23rd its adoption of new rules for Private Funds and Private Fund Advisers. There are some significant […]
Read More11 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 MorePrivate Equity Fund Adviser Charged for Fee Disclosure Failures and Overcharging
SEC Releases Brief Introduction On June 20th, the SEC charged a New York Investment Adviser for excessive management fees and failure to disclose conflicts of interest. The Firm agreed […]
Read MoreSEC Places 37 New Rules in Final Stage as part of its Spring Agenda
SEC Releases Brief Introduction The SEC has announced its Spring 2023 Regulatory Agenda. SEC Chairman, Gary Gensler, explains the regulatory goals as focusing on a three-part mission to protect […]
Read MoreNew SEC Risk Alert on the Marketing Rule
SEC Releases Brief Introduction In an increasingly aggressive regulatory environment, many compliance professionals are erring on the side of caution when interacting with the new Marketing […]
Read MoreCybersecurity Investor Protection | SEC Commissioner Update
SEC Releases Brief Introduction SEC Commissioner, Jaime Lizarrage, spoke at the Digital Directs Network on May 16th. He discussed how the SEC is pushing for all market actors […]
Read MoreSEC 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 […]
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