ComplianceAlert

SEC Risk Alert details fund exam process and findings

The SEC continues to roll out guidance to the industry. Last month the SEC issued its 2025 Examination Priorities report (“Exam Priorities”) from the Division of Examinations (“the Division”). Earlier this month the Division issued a Risk Alert (the “Alert”) on registered investment company exams. The Alert gives the fund industry insight into how funds are selected for examination, the most common deficiencies found, and even provides a sample document request. This is not the…

Read More

Post-election crypto euphoria reignites regulatory discussion (Financial Times)

The crypto industry has been energized to forge ahead with expansive growth plans following the re-election of Donald Trump as president. Trump’s pro-crypto stance has provided the industry with optimism that policy and rule roadblocks will be softened or removed to promote greater growth and investment from the US institutional market. You would expect the creation of a main market regulator for crypto assets by the Trump administration, comments Amy Lynch, FrontLine Compliance Founder and…

Read More

Risk-averse compliance may be slow to adopt AI (IGNITES)

As more investment firms seek to utilize AI systems as part of firm strategies, compliance departments have seemingly been slow to implement necessary controls and oversight. While results of a recent benchmarking survey indicate a lack of urgency by compliance professionals to address risks associated with the use of AI, its small sample size may not show the complete picture. FrontLine’s Founder and President explains that compliance professionals tend to be risk-averse by nature and…

Read More

More rules compliance regardless of election results (ThinkAdvisor)

Depending on which way the presidential and congressional elections go, portions of the SEC’s current agenda could be modified or completely upended. But firms should not expect any significant changes to their regular, ongoing compliance oversight activities, and there will likely be at least a few new SEC rules ahead. As far as the rulemaking that could come to fruition soon, Amy Lynch, FrontLine’s Founder and President, points to the SEC’s cybersecurity and outsourcing rules.…

Read More