With the Coronaviirus causing mandated work from home (WFH) policies to be the new reality, compliance risks have suddenly increased for investment adviser firms. Amy Lynch, FrontLine’s Founder and President, explains that the CCO’s role just became much more difficult. Ms Lynch states that firm employees being in remote situations, as opposed to being physically present at the office, will allow compliance missteps to more readily occur. The CCO is logistically challenged when employees are scattered in various locations and the compliance oversight presence is severely diminished. See InvestmentNews, “Advisers working from home increases compliance risks“
