Jeffrey Hiller joins Oyster Consulting as a Managing Director of our Governance, Risk and Compliance team. Jeffrey’s experience developing and managing global and domestic compliance programs with international Investment Advisors will enhance the team’s ability to serve its clients with solutions to large and complex organizations, to solve compliance concerns and provide outsourced and expert… READ MORE
As firms begin to adjust to the “new normal,” which for many means staff and clients working remotely for an indefinite amount of time, it’s important to not lose sight of all the moving parts. Compliance is one of those, and now is a good time to look at your program and test it against… READ MORE
As an aftermath of the Great Recession of 2008, interest rates effectively went to 0% and stayed that way for almost the next 10 years. After a recent period where rates have risen, we again are returning to a 0% interest rate environment. This new environment has created a significant challenge for all broker-dealers who… READ MORE
As the population dynamics in the Unites States moves towards an unprecedented number of baby boomers entering their retirement years, federal and state regulators and FINRA have enacted regulations, examination priorities and enforcement efforts to protect the assets of senior and vulnerable adults. In 2020, the states of New Jersey (April 12th), West Virginia (June… READ MORE
The Consolidated Audit trail (CAT) is moving forward and the SEC has released new exemptive relief dates for parts 2a (Equity reporting) and 2b (Options reporting). The SEC has also provided exemptive relief for introducing brokers. In this episode, Oyster Consultants Ralph Magee and Jeff Call discuss what firms should be doing around certifications, linkages, testing validation and… READ MORE
In this time of uncertainty, new clients are approaching financial advisors for help, while current clients continue to demand, and deserve, high-quality services at an affordable price. For many firms, one solution to balance this influx of clients and retain their current base is to outsource the tasks around retirement plan building and software selection,… READ MORE
Just a few weeks ago we announced the SEC’s provision of exemptive relief, which allowed Industry Members to delay their CAT reporting until May 20th. At that time, CAT participants had also formally requested additional relief. Well, they got their wish. The SEC has now provided the relief, which is more in line with the… READ MORE
