New Podcast – CCO Behind the Scenes, Episode 3

Join Oyster Consulting’s Jeffrey Hiller in Episode 3 of his podcast mini-series, CCO – Behind the Scenes. This week, Jeffrey discusses personal compliance violations and what you should do. Being CCO is more than just checking boxes.  Listen and learn in these short discussions as Jeffrey shares his real experiences and lessons learned. Some things you just… READ MORE

New Podcast: Leadership – Connecting the Dots in Today’s Business Environment

Recently, Oyster Consulting industry leaders Buddy Doyle, Bill Davis, Jeffrey Hiller, Jim Roth and Ed Wegener took some time to discuss what firm executives and decision makers should be focusing on in today’s volatile and changing business environment. With their decades of experience in compliance, operations, growth strategies and operations, they provide insight into improving… READ MORE

Former FINRA Regulator and Innovator Joins Oyster Consulting

Financial Services consulting firm expands Governance, Risk and Compliance team Oyster Consulting welcomes Ed Wegener to the firm as a Managing Director with the Governance, Risk and Compliance team. Ed brings a deep knowledge of compliance, risk management and supervisory controls requirements and best practices for broker-dealers and alternative trading systems.  His vast experience as… READ MORE

Zoom – Firms Should Conduct a Risk-Based Assessment Before Implementation

As many firms have started heavily leveraging remote conferencing systems to maintain business continuity during this COVID-19 outbreak, Zoom has seen a sudden rise in popularity and an equally sudden rise in cybersecurity concerns.  There are many reports detailing both the lack of available protections and the implementation of those protections by firms.  Zoom has… READ MORE

Reg BI and Form CRS: Compliance Still Expected by June 30, 2020

Reg BI Update – SEC Warns that “firms should continue to make good faith efforts around operational matters to ensure compliance by June 30, 2020”   With so many firms changing how they serve their retail clients during the COVID-19 outbreak, the SEC issued a Public Statement on April 2nd related to Regulation Best Interest… READ MORE

FINRA Notice – Heightened Terror Threat Risk

Last week FINRA posted a Notice to members outlining steps firms may consider taking to be prepared and respond to cyberattacks and other business disruptions.  The Notice was prompted by a Bulletin issued by the Department of Homeland Security (DHS), which noted that Iran and its partners have demonstrated the intent and capability to conduct… READ MORE