FSDA Outreach Program

In place of the in-person event on October 8, 2020, the FSDA will launch the first of three live streamed events. The FSDA Industry Outreach Program series kicks off on October 8, 2020, at 9:00 AM with the keynote speaker who will be taking on the hot topics — market trends, resiliency and the effect… READ MORE

NASAA Offers Resources for State and Provincial Pandemic Responses

Now is not a time to be shy about interacting with regulators to help understand how to respond to your issues and concerns in response to the Covid-19 outbreak. The North American Securities Administrators Association, Inc. (NASAA) is comprised of states and provincial securities regulators in the United States, Canada and Mexico. NASAA is acting… READ MORE

2019 NASAA Annual Conference Highlights Investment Advisor Exam and Enforcement Activity

2019 marked the 100th year of state regulation of the securities industry.  Although this milestone was the focus of the 2019 NASAA Annual Conference last week in Austin, Texas, NASAA also released two reports on the results of coordinated examinations of state registered investment advisors and enforcement activity. According to the 2019 Investment Advisor Coordinated… READ MORE

NASAA 2019 Annual Meeting

Oyster Associate Director Bill Reilly will be attending NASAA’s 2019 Annual Meeting in Austin, TX September 8-10th. Discussion Topics include: Standards of Care/Regulation Best Interest A True David and Goliath Story: How State Securities Regulators Helped Tackle a Wall Street Giant Enforcement and Examination Initiatives to Protect Retail Investors International Regulatory Update Bill Reilly leverages… READ MORE

Broker-Dealer Consolidated Report Enforcement Actions

Are Your Internal Controls, Written Procedures and Supervisory Reviews Enough? If you have reviewed the enforcement actions filed by FINRA related to the use of consolidated reports by broker-dealers, you are probably wondering if you are doing enough to protect your firm.  Here is what you need to know to help make that determination. Consolidated… READ MORE

2019 NASAA/State of Florida Broker Dealer Examiner Training Program

Oyster Consulting Associate Director Bill Reilly will participate as an instructor at the 2019 NASAA/State of Florida Broker Dealer Examiner Training Program from June 26-28, 2019 in Jacksonville, Florida. This program for NASAA member state and Canadian provincial staff is among the premier annual training programs sponsored by NASAA. Prior to joining Oyster in 2012,… READ MORE

FINRA Seeks Feedback on Business Continuity Plans

FINRA is currently seeking feedback on its Business Continuity Rule, including if firms have activated their business continuity plans and whether the costs of creating, maintaining or updating such a plan outweigh the benefits.  Feedback is due April 26, 2019. What makes an effective Business Continuity Plan? An effective plan can create loyal customers by… READ MORE