“Industry Pro” Amy Lynch’s comments on recent exams featured (Fund Intelligence – Subscription Req’d)

The SEC continues to revisit firms with prior deficiencies and is increasingly relying on its data analytics technology to determine its examination schedule. Founder and President Amy Lynch explains that the regulator has been returning to firms that had previous violations, conducting followup exams to ensure those firms have made the proper corrective measures. One…

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ComplianceAlert

SEC Issues Alert on Affiliated Transactions

On September 4, 2019, the Office of Compliance Inspections and Examinations (“OCIE”) released a Risk Alert (the “Alert”) on the results of examinations of investment advisers where issues regarding principal and agency cross transactions were discovered. The Alert described common deficiencies found generally, and at private fund firms, specifically. The findings discussed come from examinations…

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Amy Lynch on revenue sharing cases and new SEC emphasis on disclosures (IGNITES – Subscription Req’d)

Recent SEC cases naming two prominent firms for violations related to their revenue sharing agreements could be a trend that continues through next year. FrontLine’s Founder and President Amy Lynch states that the recent cases are likely the first in a string that would likely include large, independent advisers, and not just distributors. Ms. Lynch further…

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Study alleges pricing fraud in bond funds; Amy Lynch on potential consequences (IGNITES – Subscription Req’d)

An academic study that analyzed funds with substantial holdings of structured products for over seven years found numerous instances of price mismarkings leading to inflated assets. The research was provided to the SEC more than two years ago. Amy Lynch, FrontLine’s Founder and President, explains that any SEC investigation of potential pricing fraud would likely…

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FrontLine’s industry leading ComplianceAlerts now available via text messaging

New and current subscribers of FrontLine’s popular ComplianceAlerts are now able to receive the complimentary alerts instantly via text messaging, as well as by email. New subscribers can sign up to receive the ComplianceAlerts by completing our Contact form. Current subscribers simply need to update their ComplianceAlert preferences by adding their mobile number (see a…

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