Family Offices will most likely see more monitoring after Archegos Capital Management rattled the stock market last week.
Dan Berkovitz, the commissioner on the Commodity Futures Trading Commission, released a statement here about the need for increased regulation of Family Offices. https://www.cftc.gov/PressRoom/SpeechesTestimony/berkovitzstatement040121

Bloomberg had a good article about the Archegos situation at https://www.bloomberg.com/news/articles/2021-03-31/sec-opens-investigation-into-archegos-trades-that-sparked-rout
Including this – “Hwang has been in the SEC’s crosshairs before. In 2012, his former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after the SEC and U.S. prosecutors accused it of trading on illegal tips about Chinese banks. Hwang opened Archegos, a family office, following the sanctions, as the SEC kicked him out of the hedge fund industry by banning him from managing money on behalf of clients.”