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.
The Office of Compliance Inspections and Examinations (“OCIE”) issued a brief Risk Alert ( the “Alert”) on May 23, 2019 describing how firms can successfully manage and store electronic records in a safe and secure manner. The Alert was based upon recent SEC examinations of both investment advisers and broker-dealers and is meant to address…
Last week the Office of Compliance Inspections and Examinations (“OCIE”) released a Risk Alert (the “Alert”) on Regulation S-P, the Privacy Rule. The Alert described the most common deficiencies found regarding the Privacy Rule over the past two years of examinations of both registered investment advisers and broker-dealers. The top findings included: Failure to deliver…
The SEC has initiated a new cybersecurity sweep of firms, with a focus on those undergoing recent mergers or acquisitions, as well as targeting firms with multiple offices. This marks the regulator’s third industry wide look at cybersecurity policies and practices since 2013. FrontLine’s Founder and President, Amy Lynch, sees the latest sweep as another…
New SEC rulemaking looks to be gaining momentum based on a recent speech by the Director of the Division of Investment Management (IM). Dalia Blass gave the keynote address at the ICI Mutual Funds and Investment Management Conference on March 18, 2019, and although her speech was to a mutual fund audience, many topics presented…
FrontLine Compliance recently held a complimentary small group networking event for CCOs and General Counsel from New York City-based private fund and institutional firms. Co-hosted with Crystal FI, the fully attended event featured a professional networking segment that included wine tasting of Italian wines, followed by a sit-down dinner of Italian cuisine. The event took…