Use a Compliance Calendar to track important trigger dates

Consider a well-thought-out Compliance Calendar to stay compliance ready and prepared for the SEC. There are new rules and regulations for investment advisers on the horizon, with more SEC proposals ahead. Plus, there are the current regulatory requirements that should already be part of your compliance program. To keep up with all these numerous compliance items, a CCO and their compliance staff must be continuously organized and attentive. Utilizing a detailed matrix-style Compliance Calendar is…

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ComplianceAlert

SEC Updates Form PF Reporting for Private Funds

It appears that the SEC is following through on its promise to crack down on private markets, rolling out its first significant rule changes for private funds. Earlier this month, the Commission adopted new Form PF changes that will affect all private funds required to file the form. As of today, most firms are either filing the form quarterly or annually, depending on asset size. The filing requirements will change under the new amendments. Specifically,…

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Marketing Rule enforcement underway (ThinkAdvisor)

SEC examinations for Marketing Rule compliance have revealed that many investment advisers have updated their policies and procedures for the new rule, while other exams have discovered serious deficiencies. A large number of exams have resulted in referrals to SEC Enforcement, and according to Amy Lynch, FrontLine’s Founder and President, those firms that have done nothing to comply are at the greatest risk. Speaking at a recent industry compliance seminar, Ms. Lynch stated that firms…

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Amy Lynch quoted in cover story on SEC Chair Gensler (InvestmentNews)

FrontLine Compliance Founder and President Amy Lynch was interviewed for a recent cover story on SEC Chairman Gary Gensler. The InvestmentNews feature profiles Chairman Gensler and his aggressive agenda, and includes opinions from both proponents and critics. Within the exclusive one-on-one piece with Gensler, Ms. Lynch comments that the SEC Chair appears very committed to his agenda’s objectives and plans to see them through over the years remaining in his term. The sole industry expert…

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Compliance has a role with early M&A discussions (FinancialPlanning)

There are a myriad of compliance considerations that emerge when money management firms are in the merger and acquisition mode. Amy Lynch, FrontLine’s Founder and President, recommends that compliance and risk management be brought in at the beginning of the process. The ramp up of mergers and acquisitions within the wealth management industry has not been lost on the SEC, and a recent Risk Alert issued by the regulator points to a lack of compliance…

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