SEC exam anxiety? It’s a real thing.

Chief Compliance Officers in the investment industry face a tall task these days. One of the most aggressive SEC regimes in recent history is flexing its muscles to put CCOs and their senior management on notice. The SEC is pursuing a high octane combination of increased examinations bolstered by numerous rulemaking initiatives sure to keep compliance professionals busy over the next decade. It’s no wonder CCOs are reaching for the Tums inside their desk drawer.…

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Use a Compliance Calendar to track important trigger dates

Consider a well-thought-out Compliance Calendar to stay compliance ready and prepared for the SEC. There are new rules and regulations for investment advisers on the horizon, with more SEC proposals ahead. Plus, there are the current regulatory requirements that should already be part of your compliance program. To keep up with all these numerous compliance items, a CCO and their compliance staff must be continuously organized and attentive. Utilizing a detailed matrix-style Compliance Calendar is…

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Why the SEC wants to speak with you

A major SEC objective this year is to increase the frequency of their onsite examinations. Firms need to not only prepare for an inspection of their compliance program, but also for SEC in-person interviews of key firm employees. These employees may include the CEO, COO, CFO, Head Trader, CIO and Senior Analyst, among others. The interviews of key firm employees during an SEC’s onsite portion of an exam allow the SEC to get a better…

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“You’ve got the gift, but it looks like you’re waiting for something.”

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 skill set is indeed a specialized and impactful skill set. Through our expanding client relationships with institutional and retail…

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Inside the mind of the SEC

By Amy Lynch, CRCP, Founder & President, FrontLine Compliance As featured in interviews on CNBC, Bloomberg TV, and in The Wall Street Journal As a former SEC examiner myself, I seem to have an innate ability to know what the SEC is going to do before they do it. As you can imagine, this comes in handy when advising our clients on their regulatory compliance and SEC exams. Lately, with the buildup of so much…

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