This week we are launching our new Oyster Stew podcast mini-series, Regulators – Behind the Scenes. Join former regulators Patrick M. Dennis, Jeffrey Hiller, Bill Reilly, Evan Rosser and Ed Wegener as they share their experiences and perspectives as former state and federal regulators around regulatory exams and issues. Some things you just won’t learn from a textbook, like managing your relationship with… READ MORE
Oyster Consulting Senior Consultant Bob Tuch recently contributed his article, “Protection of Seniors from Financial Exploitation – Congress Enacts the Senior Safe Act” to Practical Compliance & Risk Management for the Securities Industry, a Wolters Kluwer publication. The Senior Safe Act provides immunity from liability to covered financial institutions and certain employees and representatives of… READ MORE
There are many questions that must be answered to understand the risks for broker-dealers and investment advisors who are considering a business mix that includes digital assets. Examples that hit at the core of how firms operate are custody for investment advisors and a similar topic of possession and control for broker-dealers. Unfortunately, for those… READ MORE
The complexity and global popularity of cryptocurrencies, or digital assets, has initiated cooperative efforts between the SEC and CFTC to understand and regulate these products. The agencies have jointly testified before Congress and displayed interest in developing meaningful regulations; both agencies have promised additional working groups to pursue joint regulations. On January 24, 2018, the… READ MORE
Webinar Slides Available: Vulnerable Adult Clients – Are Your Protecting Your Clients and Your Firm?
Confused about the new FINRA rule requirements around senior and vulnerable adult exploitation? Not sure what you should be doing to protect your firm and your clients? On May 25, 2017 Oyster Consulting hosted a webinar addressing the new and amended FINRA rules, what firms should be doing now, and the need for escalation and… READ MORE