ComplianceAlert

Extensive focus areas comprise SEC’s Exam Priorities

The SEC’s 2025 Examination Priorities report (“Exam Priorities”) from the Division of Examinations (“the Division”) was recently issued on October 21, 2024. This is the second year in a row that the Division released its Exam Priorities report in October. It has now set an expectation for the industry that this will be the timing of its release going forward. Since the SEC’s new fiscal year begins on October 1st, it makes sense that the…

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Founder and President Amy Lynch on the ups and downs of Gary Gensler’s SEC tenure (FinancialPlanning)

With the presidential election nearing, Gary’s Gensler’s time as SEC Chairman could be ending in the coming months regardless of the winning candidate. FrontLine Compliance Founder and President Amy Lynch was recently interviewed by Financial Planning magazine for her take on Gensler’s performance as head of the SEC. With the lead comments in the story, she discusses wins and loses for the SEC Chair and how industry backlash effectively stalled parts of his ambitious rulemaking…

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Regulatory scenarios of Harris vs. Trump (Crain Currency)

Depending on who is sitting in the White House next year, there are likely several regulatory implications for various sectors of the market. Differing impacts could be felt by family offices, institutional and individual investors, and asset managers. Amy Lynch, FrontLine’s Founder and President, comments that Harris’ regulatory approach is likely to closely align with the current Biden administration agenda and believes that family offices would remain exempt from registering as investment advisers with the…

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FrontLine’s Amy Lynch with key takeaways from SEC exam priorities release (IGNITES)

The SEC’s recently released 2025 examination priorities indicate an evolving “risk-focused” approach to conducting exams, one that allows for more effective and efficient oversight of firms. With the lead comments, FrontLine Compliance Founder and President Amy Lynch explains how the SEC’s priorities statement stresses the risk-focused method of conducting exams as a necessity, using the terminology several times. She describes how the SEC has moved around their personnel to match the number of registrants in…

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ComplianceAlert

Breakdown of the New Corporate Transparency Act (CTA)

FinCEN has had a busy year with rulemaking impacting the industry, issuing the new Corporate Transparency Act (CTA) as well as a new AML rule for advisers. This ComplianceAlert focuses on the CTA as that compliance date hits first, and discusses how it may or may not impact your firm. We will address the new AML rule in a subsequent ComplianceAlert. What is the Corporate Transparency Act? The Corporate Transparency Act (CTA) requires entities to…

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