Founder and President Amy Lynch was recently quoted on the new SEC Enforcement priority to have a more extensive and aggressive approach with individual advisers committing wrongdoing. Ms. Lynch cites the reputational impact on advisers who the SEC is pursuing, which will remain on their record and thus inform the investing public that they should…
Firms are seeking greater resources, including hiring for internal positions as well as outside assistance, before the compliance dates of the SEC’s Liquidity Rule become effective. Founder and President Amy Lynch comments on the challenges posed to firms that must meet the new rule requirements and are seeking to hire help. She notes that setting…
On November 15, 2017, the SEC’s Division of Enforcement issued its Annual Report for 2017. The Report summarizes the Enforcement cases of 2017 and discusses the Division’s priorities under Co-Directors Stephanie Avakian and Steven Peikin. The Division listed five major focus areas under its new leadership: Focus on Main Street and harm caused to retail…
The recently released annual listing of compliance consultants again includes FrontLine Compliance as a leading firm offering compliance support and assistance to hedge funds. The listing cites our track record of providing customized services, with expertise provided by seasoned former regulators and CCOs. See Hedge Fund Alert (subscription required), “Compliance Consultants.”