Published on Sep 2nd, 2022 |

Vigilant Monthly Newsletter

In this edition of Vigilant’s Monthly Newsletter for August, we saw a heavy amount of content which included important SEC Releases, an SEC Proposed Rule, an SEC Risk Alert, an SEC Investor Alert, and important insights from Vigilant.

Below is a brief overview of what took place in the month of August, and what is approaching for September.

New Rules, Regulations, and Guidance

Upcoming Filings:

  • 9/8/22 – Compliance Date for Rules 2a-5 and 31a-4 – Good Faith Determination of Fair Value
  • 9/12/22 – Schedule 13G Monthly
  • To stay up to date with the SEC Filing Deadlines in 2022, click HERE to view Vigilant’s Filing calendar.

Events & Public Appearances by Officials:


Vigilant Insights:

Vigilant’s COO, Chuck Martin, and Manager, Ryan Hurley, Provide Insights Toward The Newly Effective Derivatives Rule

Vigilant’s COO, Chuck Martin, Presented On The Marketing Rule At The 2022 PMAR Conference

  • Vigilant’s Chief Operating Officer, Chuck Martin, and K&L Gates Of Council, Pamela Grossetti, presented at the 2022 PMAR Conference on the SEC Marketing Rule that will become effective on November 4th, 2022.
  • To view the full Presentation on our YouTube Channel, click here!

Vigilant Announcements:

Vigilant Celebrates 18 Years Of Compliance Excellence

  • On August 15th, 2022, Vigilant celebrated 18 successful years in business and we wanted to thank everyone for their support throughout the years as we look forward to many more successful years ahead.
  • To view the entire announcement, click here!

SEC Proposed Rule:

SEC Proposed Form PF Amendments To Enhance Private Fund Reporting

  • On August 10th, the SEC proposed amendments to Form PF which would enhance private fund reporting.
  • To learn more about who applies for the proposed amendments, key impacts of the proposed changes, the SEC’s reason for the proposal, and Vigilant’s final conclusion, click here!

SEC Risk Alert:

Risk Alert Observations From Municipal Advisor Examinations

  • On August 22, 2022, the SEC Division of Examinations (“Division”) released a Risk Alert following up from a prior Risk Alert in 2017 related to a series of examinations of newly registered Municipal Advisors.
  • To learn more about the key observations from the Division and Vigilant’s Director, Deane Armstrong‘s insights, click here!

SEC Investor Alert:

SEC Investor Alert | Social Media and Investment Fraud

  • On Monday, August 29th, the SEC’s Office of Investor Education and Advocacy sent out an Investor Alert relating to Social Media and Investment Fraud.
  • To view the SEC recommendations to prevent fraud and Vigilant’s final conclusion, click here!

SEC Releases:

SEC’s Drafted Strategic Plan For Fiscal Years 2022 to 2026

SEC Emphasizes Importance Of Reg BI Adherence

  • On Tuesday, August 2, 2022, the SEC staff released a bulletin emphasizing the importance of adhering to the Investment Advisers Act and Reg BI, stating that this exercise should be a “robust, ongoing process that is tailored to each conflict”.
  • To learn more about the SEC’s recommendations and Vigilant’s final conclusion, click here!

The Vigilant Team is always happy to schedule a time to chat, feel free to contact us with any questions!

The Team at Vigilant

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