The Securities and Exchange Commission released its final version of the modernized Marketing Rule under the Investment Advisors Act on December 22, 2020.
Oyster Consulting (Bermuda)’s Dale Jackson and Ann Daniels are attending the Bermuda Captive Conference June 10-12, 2019. Now in its 15th year, the Bermuda Captive Conference was created in 2004 to help promote, support and grow the island’s world-leading captive insurance industry sector. The three-day conference is Bermuda’s largest and longest-running industry event, held… READ MORE
Once you’ve completed your analysis and selected a clearing provider, it’s time to implement the broad communication component of your change management strategy to define how the decision will be delivered and received by your various teams. Your communication plan should consider all audiences (clients, vendors, sales force, home office, regulators). There are many appropriate… READ MORE
It was announced in early November 2016 that $215 million will be paid to New York state by Agricultural Bank of China for engaging in “intentional wrongdoing,” including masking possibly suspicious transactions, at its New York branch. The New York State Department of Finance stated that some transactions involved parties subject to U.S. sanctions. Red… READ MORE
What’s Happening: Remember Regulation SCI? Unless you are an exchange or a systemically important market participant, the answer is “probably not.” You’ve undoubtedly heard of the “Flash Crash” of 2010, or maybe the Nasdaq system problem that messed up the Facebook IPO, or the “glitch” on July 8, 2015 that halted trading on the NYSE…. READ MORE