SEC Chairman Gary Gensler has outlined a number of areas he expects to be a focus for exams of hedge funds and other private funds. Whether Gensler plans to put the hammer down on private funds remains to be seen, but he has put the industry on notice explains FrontLine’s Founder and President Amy Lynch….
Looking back at the past year reveals several key industry developments and trends that will continue to be impactful during 2022. On the regulatory side, a new era for the SEC began with Chairman Gary Gensler at the helm. It quickly became clear that changes would be coming for certain regulations – and at the…
The SEC’s recent rejection of a spot bitcoin ETF based on its failure to meet investor protection obligations under Federal securities laws does not bode well for other similar ETFs seeking approval. The VanEck spot ETF would have traded within an unregulated cryptocurrency market that SEC Chair Gary Gensler has made clear lacks the same…
FrontLine Compliance Founder and President Amy Lynch was interviewed by BARRON’S for its recent cover story and related podcast on the state of the cryptocurrency market. Ms. Lynch suggests that crypto assets for now do not seem to present the type of systemic risk that caused prior market crashes and blind-sided banks and investment firms….
When the SEC’s Division of Investment Management (IM) recently issued an Information Update on the new Marketing Rule, FrontLine Compliance was among the first to notify the industry of its significance via our ComplianceAlert. Importantly, numerous SEC no-action letters were withdrawn by the SEC and no longer valid for reliance by investment advisers for marketing…