Digital Assets – Are You Ready?

The securities and futures industries have a long history of creating, distributing, and trading new and innovative products and asset classes. Innovation is not without risk and successful firms have typically introduced disciplined processes to achieve compliance within existing regulations, even when there are gray areas. For broker-dealers, the suitability rule (2111) is the guiding… READ MORE

Blockchain Technology – Transforming Global Business Activities

For most people the term ‘blockchain’ is synonymous to ‘cryptocurrency,’ largely due to media coverage of the wild value fluctuations of cryptocurrencies like Bitcoin and block.one’s recent Initial Coin Offering (ICO) of its token, EOS. But they are very distinct, and blockchain technology could be the far more important of the two. Once you understand… READ MORE

Digital Assets and State Regulatory Challenges

One of the challenges for firms regulated by states is the state’s autonomy to both draft and enforce their own laws It is important to be aware of the regulations in any states where you may be conducting business, including the offer or sale of digital assets. A review of state regulations reveals one common… READ MORE

Cryptocurrencies – Time to Understand the Products, Risks and Benefits

Cryptocurrencies and the distributed ledger technology behind them are changing the way the world thinks about financial transactions, settlement, and trading. Just in the last few days, major Wall Street firms have announced trading desks to focus on cryptocurrencies and two major US exchanges, NYSE / ICE and NASDAQ, are rumored to be considering trading… READ MORE

Cryptocurrencies Could Change Product Purchasing, Trading and Tracking

Cryptocurrency and the distributed ledger technology behind many of these “coins” or “tokens” have the potential to completely change the way securities are created, distributed, and traded. They also hold the potential to change how purchases are made and assets are tracked. As with any significant leap that our industry takes, opportunities must be balanced… READ MORE

Attending ILS Bermuda Convergence Conference 2017

Oyster Consulting (Bermuda) Managing Director Alison Morrison will be attending the ILS Bermuda Convergence Conference 2017 in Hamilton, Bermuda on October 18-18, 2017. Alison has been involved in the financial services industry in Bermuda, Cayman and the British Virgin Islands for over 25 years. She has worked as a part of multi-national firms and has… READ MORE