Digital Asset Services
Digital assets (cryptocurrencies) and the distributed ledger technology behind them have the potential to completely change the way financial products are created, distributed, and traded. They also hold the potential to change how purchases are made and assets are tracked. Currently, they can both reduce fraud and increase fraud.
Oyster can help firms view the opportunities and risks associated with digital assets from a strategic, operational, and compliance standpoint for the emerging digital asset industry and for existing broker-dealers and RIAs. Our services include:
| Anti-money Laundering | New Product Review |
| CMA | NFA/CFTC Registration |
| Clearing / Reporting | Policies and Procedures |
| Custody Possession and Control | Risk Assessment |
| Form ADV/CTA Amendments | Suitability |
| Market Access 15c3-5 | Reporting |
| Marketing Review | Testing |
For more information call (804) 965-5400 and one of our Relationship Managers will be happy to assist you.
Additional Resources:
The Evolution of the Regulatory Digital Asset Framework for Broker-Dealers – Ed Wegner, October 20, 2020
Digital Assets – Where Are We Now? – Buddy Doyle – February 21, 2019
Digital Assets – Engage Operations Team Now – Buddy Doyle – August 20, 2018
The Custody Dilemma for Digital Assets – Buddy Doyle – August 7, 2018
Regulatory Actions – ICOs and Digital Trading – Bill Reilly – July 17, 2018
Practical Considerations for Firms with Clients in the Digital Assets Markets – Bill Reilly, June 21st, 2018
Blockchain Technology – Transforming Business Activities – June 7th, 2018
Digital Assets and State Regulatory Challenges – Bill Reilly – June 5, 2018
Cryptocurrencies and the Regulatory Challenges Around Them – Bill Reilly – May 29, 2018
Cryptocurrencies – Time to understand the Products, Risks and Benefits – George Jennison, May 22, 2018
Cryptocurrencies Could Change Product Purchasing, Trading and Tracking – Buddy Doyle, May 15, 2018