UpFront » April 2021

FrontLine Compliance Founder and President Amy Lynch has been selected as a “Compliance Consultant/Advisor of the Year” finalist for the 2021 Excellence in Compliance Awards. The finalist recognition and awards, presented annually by Compliance Week, honor the top compliance leaders and their firms across all industries. Ms. Lynch has been named as one of five finalists for the distinguished award in her category, which will be announced during the upcoming Compliance Week Virtual Conference, held…

For CCOs and compliance teams, it’s time to consider preparing for three new complex SEC rules set to become effective in 2022. The new rules, centered on fund of funds, derivatives and valuation procedures, may require firms to have additional compliance is in place during 2022, beginning with the fund of funds rule on January 19, 2022. Amy Lynch, FrontLine’s Founder and President, explains that the first step is for compliance teams to work closely…

New SEC Chairman Gary Gensler is set to be off and running on several top line objectives that make up the regulator’s agenda. These include ESG issues, regulation of digital securities and assets and stepping up enforcement of Regulation Best Interest (Reg BI). More recent issues that have emerged as regulatory concerns should also be priorities. Founder and President Amy Lynch sees Gensler and the SEC taking a closer look at the family office structure…

News of Bernie Madoff’s death returned a focus on his fraudulent scheme and how it occurred under the watch of the SEC and other regulators. One of its lasting impacts has been the implementation of significant changes in the investigative and enforcement processes at the regulators, so that this type of massive fraud would be prevented from happening again. Amy Lynch, FrontLine’s Founder and President, comments that the regulators, especially the SEC and FINRA, had…

The resulting fallout from Archegos Capital’s margin call event would seem to provide momentum for new SEC Chair Gary Gensler’s upcoming agenda. According to FrontLine’s Founder and President Amy Lynch, the SEC already had plans to review the definition of a family office. Now Gensler and the SEC have greater reasons to act quickly, with several red flags emerging from a family office – Archegos. Ms. Lynch believes the SEC will review several factors such…