UpFront » November 2023

Expect enforcement actions based on the Marketing Rule to continue to play a major role in the SEC’s aggressive agenda. These cases have already contributed to the nearly $5 billion in penalties and fines recorded by the SEC during its 2023 fiscal year and made public earlier this month. FrontLine Compliance Founder and President Amy Lynch was surprised by how quickly the SEC pursued violations of the Marketing Rule. She comments that the SEC is…

Amy Lynch, FrontLine Compliance’s Founder and President, expects the SEC to leverage its recently released enforcement data to justify the continuation of its aggressive stance. The statistics released by the SEC help support its current exam and enforcement activities, which, according to Ms. Lynch, are showing themselves to be extremely aggressive and intent on uncovering violations. Discussing the 2023 fiscal year enforcement results, SEC Chairman Gary Gensler stated that the figures show the effectiveness of…

The recently released annual listing of compliance consultants once again includes FrontLine Compliance as a leading firm offering compliance support and advising to hedge funds. Selected for the 10th consecutive time, the listing features several of FrontLine’s ongoing compliance support services that prepare hedge funds and other types of private funds for regulatory exams. Especially noteworthy is the mention of our FrontLine Edge Platform, a specialized suite of services that ensures full compliance with…