New Podcast Episode: Oyster Solutions Software – Making Your Annual Compliance Calendar and Review More Efficient

  In this week’s episode of Oyster Stew, Managing Director Polly Cordle and Consultant Gray Houghton share how Oyster Solutions Software can make managing your compliance calendar and Annual Review processes easier and more efficient using workflows and automated reporting. Oyster Solutions is one “solution” for many systems:  A system to track various workflows and… READ MORE

LinkedIn

RSS
Facebook

Twitter

Google+

2020 SEC Examination Priorities Released

The Office of Compliance Inspections and Examinations of the Securities and Exchange Commission (OCIE) released their 2020 Examination Priorities Letter on January 7, 2020.   While every area is important, when you read this in context of prior releases, most of the priorities are the same; however, there are some evolving priorities as well. Regulation Best… READ MORE

LinkedIn

RSS
Facebook

Twitter

Google+

Is Your Compensation Structure Ready for Reg BI?

If you’re a broker-dealer that is just beginning your Reg BI implementation process, you should quickly review your compensation plan to understand what changes (if any) need to be made to your payout structure to be Reg BI-compliant.  Make sure your payroll team is thinking about how a mid-year amendment is going to work if… READ MORE

LinkedIn

RSS
Facebook

Twitter

Google+

FINRA’s Reg BI Conference – What You Need to Know

With just over six months remaining until the implementation date of Reg BI, we are seeing regulators provide additional guidance to help firms to meet the requirements of the rule, and regulatory expectations.  This week, FINRA hosted its Reg BI Conference in Washington, DC and Oyster’s consultants attended to receive the most up to date… READ MORE

LinkedIn

RSS
Facebook

Twitter

Google+

SEC Publishes Form CRS FAQs

As the effective dates for Reg BI approach, we are starting to see more information and activity around certain aspects of the rule.  This includes some welcome FAQ’s around Form CRS. On November 26, 2019 the staff of the Division of Investment Management and the Division of Trading and Markets released FAQs to help registrants prepare… READ MORE

LinkedIn

RSS
Facebook

Twitter

Google+

“Mad Men” Era Advertising Rule Getting an Update: Amendments Proposed by the SEC

  The SEC has issued a proposal to amend the Advertising Rules, which had their last major revision in 1961.  To put that into perspective, most of the financial advisors in the industry were not born when these rules were established. There were no social media platforms, podcasts, blogs, email or websites. While it is… READ MORE

LinkedIn

RSS
Facebook

Twitter

Google+

Oyster Introduces Weekly “Oyster Stew” Podcast to Keep Industry Members Informed

Oyster Consulting invites you to listen to our weekly podcast “Oyster Stew:  A Broth of Financial Commentary and Insight.”   Each week we will be posting a 15 – 20 minute discussion about what is happening in the industry based on what we see as we work with clients, regulators and other service providers. We… READ MORE

LinkedIn

RSS
Facebook

Twitter

Google+