Vigilant Compliance Newsletter | March 2024
Monthly Newsletter
In March, we saw SEC Charges, SEC Statements, and Vigilant Announcements.
Below is a brief overview of what took place in the month of March, and what is approaching for April.
New Rules, Regulations, and Guidance
Upcoming Filings:
- 04/01/24 – CPO Annual Report
- 04/05/24 – Form N-MFP
- 04/10/24 – Form 13G Monthly
- 04/10/24 – Form 13H Quarterly
- 04/15/24 – Form PF Liquidity Fund Quarterly
- 04/29/24 – Form PF Annual
- 04/30/24 – AIFMD Annex IV
- To stay up to date with the SEC Filing Deadlines in 2024, click HERE to view Vigilant’s Filing calendar.
Events & Public Appearances by Officials:
- 04/11/24 – Closed Meeting
- 04/16/24 – SEC’s 43rd Annual Small Business Forum
- To see upcoming 2024 SEC Meetings and Public Appearances click HERE!
Materials
Vigilant Announcements:
Vigilant Shortlisted as Finalist for The Drawdown Awards
- Vigilant was recently shortlisted as the Best Compliance and Regulatory Adviser (Private Fund Industry) in Regulatory Compliance for 2024 by The Drawdown.
- To learn more about the award, click here.
Vigilant Shortlisted | Hedgeweek US Emerging Manager Awards
- After being selected for 2 Awards last year by Hedgeweek for their US Emerging Manager Awards, we recently announced that we have been shortlisted for 2 Awards this year that are listed below:
- Compliance Advisory Firm – [Voting Number 46]
- Regulatory Advisory & Compliance Firm (Fund Domicile) – [Voting Number 54]
- To vote for Vigilant, Service Providers, and Fund Managers, click here.
SEC New Rules:
- The SEC announced on March 6th, 2024, that final rules have been adopted that require Firms to provide disclosures for information related to climate impact in registration statements and annual reports.
- To view the new Rule requirements, effective dates, SEC Chair and Commissioner Statements, and our conclusion, click here.
SEC Charges:
- On March 18th, the SEC announced charges against two Investment Advisers.
- Both Firms were found to have made false and misleading statements about their use of Artificial Intelligence (“AI”).
- To view what was discovered and our conclusion, click here.
- On March 1st, the SEC charged an Investment Adviser with disclosure failures related to required 13G and 13D Filings.
- To view what was discovered and our conclusion, click here.
SEC Statements:
- On March 22nd, SEC Chair, Gary Gensler, spoke at a Columbia Law School conference.
- He discussed the importance of mandatory disclosures in our financial markets.
- To view the key takeaways from his speech and our conclusion, click here.
- SEC Commissioner, Mark Uyeda, recently addressed the Council of Institutional Investors on the administrative state.
- He voiced his concerns at the growth of the administrative state and finds that a very broad interpretation of certain statutes could give the SEC a blank check for its regulatory goals.
- To view the areas he discussed and our conclusion, click here.
The Vigilant Team is always happy to schedule a time to chat, feel free to contact us with any questions!
