Amy Lynch’s “Squawk on the Street” interview on recent market events, Gensler impact (CNBC)

FrontLine’s Founder and President Amy Lynch joined CNBC’s “Squawk on the Street” for a live interview discussing the compliance implications of Archegos Capital’s margin call and resulting fallout. Ms. Lynch states that while compliance would have been involved at some level, it’s too early to know whether compliance failed or instead was overruled by business line managers. She also sees the SEC conducting a full investigation, going beyond just the margin call event to do a larger review of the involved firms’ practices. On the topic of Chairman to be Gary Gensler assuming the reins of the SEC, Ms. Lynch expects it will mean a more aggressive regulator for the industry, with more enforcement actions and more frequent exams of firms.

View the interview, CNBC’s Squawk on the Street, “Unclear whether compliance failed in hedge fund losses: FrontLine’s Amy Lynch”