Keeping up with all of the changing rules and regulations in the compliance industry can be a full-time job. We help you by sifting through what matters and giving you the timely guidance, postings and news you need.
Earlier this month, the SEC lifted investment restrictions on fund of funds (FOFs) by adopting new Rule 12d1-4 (the “Rule”) under the Investment Company Act of 1940 (the “Act”). The new Rule removes certain investment restrictions (subject to conditions), rescinds an existing rule, and eliminates existing exemptive relief. This is good news for registered investment…
Founder and President Amy Lynch was recently interviewed on Yahoo! Finance’s streaming live show, “On The Move.” Responding to questions on customer account cyber attacks – highlighted by recent hacks of Robinhood accounts – Ms. Lynch discusses how the current regulatory environment to protect customer information is without a SEC rule specifically for firm requirements…
FrontLine’s Founder and President Amy Lynch is a featured speaker at NSCP’s 2020 National Compliance Conference, to be held as a virtual event, October 19-21. On October 20th, Ms. Lynch will offer her expertise as part of a three person panel that will discuss best practices and requirements to ensure trade compliance for institutional asset…
FrontLine’s alert on this regulatory hot topic details the SEC’s concern with a type of hack known as “credential stuffing,” identified by the SEC during its exams of firms. This cyber-attack has caused the loss of customer assets and allowed unauthorized access to customer information. Criminals use stolen credentials, which are used to log into…
FrontLine’s Founder and President Amy Lynch recently spoke with the publication Chief Investment Officer on the SEC’s recently adopted changes to its definition of an accredited Investor. Exclusively quoted in the feature story, Ms. Lynch discusses how the new definition adds clarity for family offices that want to invest in private funds, with private equity already…
