Senior and Vulnerable Adult Client Protection: A Continuing Issue for the Securities Industry and Regulators

  If you are waiting until February 5th to implement procedures to protect senior and vulnerable adults because that is when the FINRA rule is effective, you may be risking a violation of current state regulations. In June and August 2017, the North American Securities Administrators Association (“NASAA”) published findings from a review of broker-dealer… READ MORE

Attending FSDA Industry Outreach Program

On October 6, 2016 Oyster Associate Director Bill Reilly will be attending the FSDA Industry Outreach Program. Bill assists industry firms with developing Written Supervisory Procedures (WSPs) for broker-dealers and Policies and Procedures (P&Ps) for investment advisers, as well as providing in-house firm training for dealing with vulnerable adults and senior clients. Included in these… READ MORE