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With the federal government finally reopened after the longest shutdown on record (a historical 43 days), compliance leaders are taking stock of what was revealed about operational readiness. Few voices have been more instructive than Amy Lynch, Founder and President of FrontLine Compliance and a former SEC regulator, whose guidance throughout the shutdown offered a clear roadmap for how firms should prepare for future disruptions. Described below are “lessons learned” from the shutdown and recommendations…

Beyond the Checklist: How to Maximize Value from Compliance Consulting Services With increasing regulatory complexity and limited internal resources, most SEC registered investment advisers have turned to compliance consulting firms to enhance their regulatory posture. But outsourcing compliance isn’t just about offloading tasks — it’s about unlocking value. Here’s how to assess and derive tangible benefits from your consulting relationship: Why CCOs Need More Than Just Support Today’s compliance departments often operate with minimal staffing…

One could see how FinCEN’s delay on the effective date of its investment adviser AML rule is actually a nod to the SEC to take a role in its further development. FinCEN announced on July 21st that it intends to issue exemptive relief delaying the rule’s compliance date from January 1, 2026 to January 1, 2028. It appears that FinCEN now recognizes it needs the input from the SEC to revise the AML rule so…

Today, almost all SEC registered investment advisers are utilizing compliance consulting firms (“consultant”) for outsourced compliance assistance. To the extent that these services are beneficial is dependent on several factors. Ultimately, there should be a recognition of the value received from the cost of services obtained. Here we explain the diverse ways you determine that value and what components of a consulting engagement provide the best means of achieving the value sought. Compliance departments are…

Former SEC Chairman Gary Gensler left his mark on the SEC and its various regulatory mandates during his tenure. This will have a direct impact on where the SEC is headed today, either by rolling back and undoing his policy-making or including certain components of it. FrontLine Compliance Founder and President Amy Lynch was interviewed in depth for the Private Equity Law Report 2-part series on “Grading Gary Gensler.” From FrontLine’s BoardRoom, we are…