Well, the Boardroom has been empty now for too long so it’s time to get back in session. This meeting is officially called to order by Amy Lynch. There is a true story that I don’t tell often enough. It’s the story of how my compliance career began over 20 years ago… In the mid…
Well, it’s now late June and quite frankly, not a lot is happening in the regulatory world. Sure, the usual Spring conferences were held March-May, but with many of the same old topics – cybersecurity, conflicts of interest, and Dodd-Frank. We hear the SEC has been too busy with its own in-fighting to actually push…
The short answer is….there is no short answer. When FrontLine Compliance receives an email or call from a prospective client looking into our services we vet them carefully. We have learned to do this over the years for two main reasons: (1) many firms still don’t understand what compliance consulting is; and (2) firms often…
This week everyone is talking about the recent case against BlackRock Advisors and its former CCO. The allegations were clear violations of Rule 206(4)-7 but not so clear violations of Rule 38a-1. Both the firm and the advisory CCO were named in the proceeding, charged with violations and fined. The firm was fined $12 million…
SEC whistleblower cases have been in the news lately. An award was just announced this past weekend in the $500,000 range (exact amount is yet to be determined). A very large award ($30 mil) was all over the news in late 2014. So, does it really pay to become a whistleblower? I say ABSOLUTELY NOT…