SEC’s Gensler names several key areas for private fund exams (FundFire)

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….

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Absent a regulated market, crypto ETF approvals unlikely (CQ Roll Call)

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…

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FrontLine’s Amy Lynch addresses whether crypto assets pose systemic risk (BARRON’S)

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….

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Alert issued by FrontLine forms story on SEC’s new Marketing Rule (ThinkAdvisor)

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 Importantly, numerous SEC no-action letters were withdrawn by the SEC and no longer valid for reliance by investment advisers for marketing…

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