This new collection of custom policies and procedures is designed to prevent, monitor for, and detect potential risk exposures in hedge funds— and focuses on Valuation Risk, Trading Risk, Conflicts of Interest, and Code of Ethics/Employee Trading, areas flagged as high-risk by securities regulators.

When asked about why the "FLC Hedge Fund Edge" was developed, Amy Lynch, Founder and President of FrontLine Compliance, remarked, "These are confusing times for hedge fund managers. That makes compliance especially difficult, even for the most diligent manager. Because every firm’s needs are unique, we developed this program as a customized solution to streamline the process and help our clients be fully compliant. This is especially critical while the regulatory environment remains unsettled and will inevitably change."

Lynch further added, "When the SEC issues its guidance, it will most likely be very broad in scope. That means each firm still determines how the implementation will work. The "FLC Hedge Fund Edge" will help eliminate the guessing game, thus making the process easier to implement and manage."

FrontLine Compliance, LLC is a regulatory compliance firm that assists broker-dealers, investment advisers, investment companies, hedge funds, and insurance companies in areas of compliance administration and cost reduction. More about the consulting firm may be found on its website: www.frontlinecompliance.com

CONTACT INFORMATION:

Amy Lynch, President
FrontLine Compliance, LLC
2308 Mount Vernon Avenue
Suite 745
Alexandria, VA 22301
Phone 703-901-9302
Fax: 703-518-4480
http://www.frontlinecompliance.com