Hedge fund exams over the last year have focused on a myriad of well known issues such as expense allocations, investor disclosures and valuations, among others. Now the SEC appears poised to ramp up its scrutiny even more. Amy Lynch, FrontLine’s Founder and President, expects the SEC to seize on the concerns raised by the GameStop market events and Archegos failure to move hedge funds and private funds in general up the regulator’s priority list. The fact that new SEC Chairman Gary Gensler knows the hedge fund area so well should also play a role in creating an emphasis on more oversight. See FundFire (subscription required), “Hedge Funds Brace for SEC Focus on Social Media, Pandemic Moves”
Recent regulatory concerns turn SEC’s attention to hedge funds (FundFire)
FrontLine Compliance
