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.
Founder and President Amy Lynch will be a featured presenter for NSCP’s upcoming webinar “IA/IC – Records Management.” Based on the popular and well-attended session at NSCP’s 2019 National Conference, on February 20th at 2:00pm, Ms. Lynch will share her expertise on books and records compliance as part of a two person panel. The webinar…
Private equity firms reporting two IRRs (Internal Rate of Return) when an IRR is enhanced by subscription credit facilities, face the scrutiny of whether this is an accurate measure of performance. Amy Lynch, FrontLine’s Founder and President, states that the SEC has provided some direction to PE firms through its exam results and public statements….
A fund manager recently agreed to settle with the SEC and pay $10.5 million for various internal failures that led to investor losses the SEC cites were directly tied to misleading performance presentations. The settlement describes that investors were assured by the firm they would be protected against losses of more than 8% in a hedged futures…
On January 27, 2020, the Office of Compliance Inspections and Examinations (“OCIE”) released a report, Cybersecurity and Resiliency Observations (the “Report”), which outlines its examination findings over the past several years. OCIE has been reviewing cybersecurity practices at firms under its examination authority since 2012, conducting at least three specific targeted exams of investment advisers….
Both FINRA and the SEC are looking into potential violations committed by firms that utilize cash-sweep programs and whether proper disclosures are being made to their customers. Amy Lynch, FrontLine’s Founder and President, advises that firms now grappling with Regulation Best Interest may also want to review the disclosure requirements relevant to conflicts of interest…