Vigilant Monthly Newsletter | January 2023
Monthly Newsletter
In January, we saw SEC Releases and Charges, as well as many important insights from Vigilant.
Below is a brief overview of what took place in the month of January, and what is approaching for February.
New Rules, Regulations, and Guidance
Upcoming Filings:
- 02/06/23 – Form N-MFP
- 02/10/23 – Form 13G Monthly
- 02/14/23 – Form CTA-PR
- 02/14/23 – Form 13F Quarterly
- 02/14/23 – Form 13G Annual
- 02/14/23 – Form 13H Annual
- 02/15/23 – AIFMD Annex IV – Fund of Funds
- To stay up to date with the SEC Filing Deadlines in 2023, click HERE to view Vigilant’s Filing calendar.
Events & Public Appearances by Officials:
- 02/07/23 – Small Business Capital Formation Advisory Committee Meeting
- 02/09/23 – Closed Meeting
- To see upcoming 2023 SEC Meetings and Public Appearances click HERE!
Materials
Vigilant Insights:
SEC Amendments to Form 13F Are Now in Effect
- The amendments for Form 13F announced in June 2022 have taken effect January 3rd, 2023. View the important reminders here.
SEC Plans to Finalize Multiple Proposed Rules for 2023
- There are many Proposed Rules that have an anticipation of potentially being finalized by the Spring and Fall of 2023. View those Rules here.
“On The Fly Compliance” Will No Longer Fly With Current Regulatory Environment
- Learn more about what is happening with the current Regulatory Environment by the SEC and how Vigilant can help here.
SEC May Be Accelerating Their Regulatory Agenda For 2023
- As the SEC works towards their regulatory goals for 2023, their pace indicates there could be additional rules announced. Learn more here.
SEC Attempts to add Climate Risk to the Regulatory Environment
- The SEC proposed three rule amendments that could have significant impact on the industry. View the three focuses of these amendments here.
Three Areas The SEC Could Increase Private Equity Scrutiny in 2023
- The SEC has displayed signs of intention for increasing their scrutiny over Private Equity Firms in 2023. View the three areas here.
SEC Releases:
SEC Updates Marketing Rule FAQs
- On January 11th, the SEC released updated Marketing Rule FAQs. View the Key Takeaways from the SEC and Vigilant here.
SEC Charges:
Firm Charged $5 Million for Misleading Disclosures
- On January 23rd, the SEC charged a firm five million dollars for misleading disclosures. Learn more about the findings by the SEC here.
Portfolio Manager Fined $250,000 for Undisclosed Conflict of Interest
- On January 5th, the SEC charged a Portfolio Manager $250,000 for failing to disclose a conflict of interest. View what was discovered here.
News and Alerts:
FINRA Releases 2023 Risk Monitoring Report | 4 Key Topics
- On January 10th, FINRA published a report for 2023 to help firms strengthen their compliance programs. View 4 key topics from the report here.
FINRA Fines Well Known Brokerage Firm $1.1 Million For Phone Record Failures
- FINRA fined a well known Firm for failing to properly disclose their record keeping policies and promptly alert FINRA of their failures. Learn more here.
The Vigilant Team is always happy to schedule a time to chat, feel free to contact us with any questions!
