Compliance departments: check your policies and procedures (Law360)

Firms should be bolstering compliance resources and staff in anticipation of a new SEC that will more closely follow the letter of the law than the prior one. FrontLine’s Founder and President, Amy Lynch, recommends that firms evaluate their policies and procedures by reviewing them against actual firm functions within operations. Ms. Lynch also suggests that firms review their use of disclosures and whether they meet regulatory requirements, and look at employee numbers for fair staffing procedures as it relates to women and minorities, an important piece of the Biden agenda. See Law360 (subscription required), “How Compliance Departments Can Prepare For Biden“