Gifts and entertainment polices under review in virtual environment (FundFire)

Tracking employees adherence to their firm’s gifts and entertainment policies has become more challenging during the COVID-19 pandemic, where virtual events have become the norm. Amy Lynch, FrontLine’s Founder and President, states that pre-pandemic, firms could more easily monitor employees, with direct reporting to compliance within an office environment. Ms. Lynch adds that while there…

Read More

ComplianceAlert

SEC Eases Accredited Investor Standard

The SEC recently adopted changes to its definition of an “Accredited Investor.” This is good news for private fund managers since it expands the type of people and entities that will be eligible to invest in private funds. A private fund’s pool of potential investors under Reg D may now include the following investor types:…

Read More