Founder and President Amy Lynch and Senior Consultant, Giselle Casella, will be presenting “Maintaining Market Integrity in Today’s Regulatory Environment,” hosted by MyComplianceOffice Webinars. The live webinar will take place on May 7, 2020 at 12:00pm EST, and will cover compliance challenges imposed by the COVID-19 environment. New regulatory guidance and exemptions will be reviewed, and high risk areas for compliance will be identified. Also included will be an examination of the lessons learned from…
Through exams already underway, the SEC is seeking more information on fund advisers’ Business Continuity Plans (BCP) and pandemic related policies. Founder and President Amy Lynch explains that OCIE is looking at written plans to identify any concerns with those plans over the examination period, as well as their effectiveness for the COVID-19 crisis. Ms. Lynch adds that an area of focus are policies that address pandemics, which firms should have previously implemented, and the…
SEC registered investment advisers receiving Federal loans under the Paycheck Protection Program (PPP), should consider whether their situation requires an ADV, Part 2 disclosure. FrontLine’s Founder and President, Amy Lynch, comments that advisory firms have to make an assessment of their own unique financial condition to determine if disclosure is necessary. Ms. Lynch advises that disclosure would be considered if other factors are involved outside of the virus impact, and the loan is propping up…
Yes, the COVID-19 pandemic has been a disruption to both our personal and work lives. And during this difficult time, many CCOs are now working from home and doing the best they can to balance work and home life. For many, this has been a true challenge in the face of limited support and resources available to them from their workplace. Our BoardRoom discussion focuses on certain challenges remote CCOs encounter when supervising remote employees.…
FrontLine Compliance has continued to monitor the regulatory environment closely these past several weeks as our industry grapples with the COVID-19 (Coronavirus) pandemic. Note: we have included key updates and new information in this ComplianceAlert, originally posted March 16, 2020. The SEC, FINRA, CFTC and NFA have all issued guidance or information for the investment community in relation to COVID-19. In this updated emergency ComplianceAlert, we summarize that information for you so the information…
