In the movie the Matrix, Neo wasn’t sure if he was the fabled “One” despite what he heard from Morpheus and a trip to see the Oracle. But, Neo still took the steps to discover how to be the “One” and fulfill his potential. Compliance has its own “Matrix” of challenges – and a compliance…
The segment of the digital asset market referred to as DeFi or decentralized finance, where investors lend out their digital coins, is being reviewed by the SEC. Coinbase’s crypto platform is being investigated by the regulator, which likely views the lending program as securitizing the crypto being used. FrontLine’s Founder and President Amy Lynch states…
While the SEC continues to receive a variety of public comments for its review of online trading platforms, it is taking a hard look at what disclosures investors have been provided. The regulator wants to determine whether investors engaging in online trading are aware of any conflicts of interest at these firms. as well as…
Last month’s SEC request for comments on the digital engagement practices of firms is likely to raise high level discussions at the regulator about the application of the investment advice standard and Regulation Best Interest (Reg BI). What’s at stake is whether online platforms and associated apps offered by advisers and broker-dealers constitute investment recommendations,…
The SEC’s recent news that it is seeking public comments on the digital engagement practices of broker-dealers and investment advisers will likely lead to a review of certain stock trading apps and gamification methods used with investors. It’s new territory for the SEC, explains Amy Lynch, FrontLine’s Founder and President. Ms. Lynch notes that regulations…