Proposed New AML Regulations for Investment Advisors

A proposal requiring SEC Registered Investment Advisors to establish AML programs has been submitted for comment by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) for public comment, and the industry is buzzing about the impact of these new AML regulations. FinCEN is also proposing to include investment advisors within the definition of “Financial Institution”… READ MORE

Variable Annuity Suitability – Are Your Representatives Making Suitable Product Recommendations?

What’s Happening: Variable annuities offer a number of complex features and options, which can be confusing for both investors and the financial professionals who offer them for sale. Among those features and options are fees, expenses and other charges that can vary depending upon how the product is designed. Examples include: sales charges, which may… READ MORE

Oyster Consulting Wins 2015 Global Fund Award: Best Financial Services Consultancy Firm, USA

Press Release for Immediate Use – United Kingdom – 18 August 2015 – Today marks the highly anticipated publication of Corporate LiveWire’s 2015 Global Fund Awards Guide The Global Fund Awards is an international awards program sponsored by both Barclay Hedge and the IOM Fund Association.  These awards bring recognition of fund performance and service providers who… READ MORE