When Reviewing Books & Records, Don’t Forget About Data Destruction

The beginning of a new year is often when compliance officers assess whether the firm is meeting basic compliance requirements. Whether it is part of your annual 206(4)-7 or 3120 testing, making sure your records are in order is a basic requirement. Many firms retain records long past their regulatory requirements. When asked, firms often… READ MORE

Oyster in the News – 100 Women in Hedge Funds

Oyster in the News – 100 Women in Hedge Funds Alison Morrison, Managing Director of Oyster Consulting (Bermuda) Ltd. is also a member of the Bermuda Business Development Agency (BDA), an independent group that encourages foreign direct investment and helps companies start up, re-locate or expand their business in Bermuda. Recently, The BDA hosted members… READ MORE

SEC Asset Management Supervision: Transition Planning

In light of a recent announcement by SEC Chair Mary Jo White that the SEC plans to increase supervision of asset managers, Oyster Consulting has been providing a series of blogs on ways firms can mitigate risks, evaluate their services, and ensure policies and procedures are in place to protect their clients and themselves. While… READ MORE