Mr. Sanchez has been in the securities industry for over 25 years. His experience covers all aspects of the securities industry. Immediately prior to joining Oyster Consulting, Mr. Sanchez was with LPL Financial Corporation, where he held Compliance leadership roles as Vice President of Surveillance, as well as Sr. Vice President and CCO of the nation’s largest independent brokerage firm. His role at LPL included managing a group of compliance professionals in the following areas: Surveillance, OSJ Supervision, Compliance technology support, Regulatory responses, Home Office Supervision, and Financial Services compliance. He was responsible for LPL’s overall compliance program related to such areas trading, suitability of specific products, such as UIT’s, mutual funds, VA’s, options, structured products, and 1035 exchanges. For example, he worked on responses to several regulatory inquiries and sweeps, related to, among others, VA’s, UIT’s, and Mutual Fund share classes. Regarding UIT’s, he worked to developed a sales practice review process where analysis took place of breakpoints, size of the transaction, and suitability to the client, taking into account investment objective.

Mr. Sanchez has over 10 years experience as a regulator with both the S.E.C. and NASD (now FINRA). While with the S.E.C. in Washington, DC, he was assigned to the SEC's Division of Market Regulation, working in the Office of Trading Practices, and the Office of Inspections, Options Branch.

At the NASD, Mr. Sanchez held two positions. He served for several years as regional counsel in NASD Regulation's Enforcement Department in New Orleans, Louisiana, prosecuting cases and negotiating settlements. He was also counsel to the Internal Review Department in Rockville, MD., where he participated in the development of annual audit plan with Audit Directors and senior management.

Mr. Sanchez has also spent several years in private practice concentrating in broker/dealer compliance matters, including firm and individual registrations, sales and trading practices, continuing education, statutory disqualification, securities arbitration and litigation, and State, SEC, and SRO investigations and disciplinary actions.

He is admitted to practice law in New Jersey, Florida, the District of Columbia and Pennsylvania (Inactive). He is also a member of the SIFMA Compliance and Legal Division, and the National Society of Compliance Professionals (Board of Directors-
2003-2006). Mr. Sanchez received his J.D. degree from Rutgers University School of Law-Newark, and received his L.L.M. degree in Securities Regulation from Georgetown University. He completed the NASD Institute/Wharton program (Certified Regulatory Compliance Professional) in 2003. He holds the Series 7, 24, 65 and 66 registrations, and the Life, Health and Variable insurance license. He is also a FINRA Arbitrator.