Code of Ethics, Policies & Procedures Manual, Written Supervisory Procedures

Code of Ethics

Ethical standards are essential to protecting your firm and maintaining the confidence of your clients and employees. We capture your firm’s culture and processes while achieving compliance.

Policies & Procedures

Thorough Written Supervisory Procedures (WSPs) and Policy and Procedure manuals are at the heart of strong compliance programs. They provide your firm and its employees a roadmap to navigate regulatory rules and obligations, including those impacting Senior and Vulnerable Adult clients. Oyster can create these manuals for a new broker-dealer or investment advisor, or review and update existing documents to match business practices and regulatory changes.

The Oyster Difference

Whether it is writing Policies and Procedures, your Code of Ethics or Written Supervisory Procedures (WSPs), Oyster will update your firm’s guidelines, and conduct a deep dive into your firm’s practices and procedures. We ensure your guides match actual business practices and provide reasonable solutions based on your unique business model. 

Oyster Consulting’s compliance specialists collaborate with your management team to design manuals that fit with your firm’s capabilities, leverage technology, and streamline processes. 

Regulatory Background

Section 204A of the Advisers Act requires advisers (including advisers to funds) to establish, maintain, and enforce written policies and procedures reasonably designed to prevent the adviser or any of its associated persons from misusing material, nonpublic information. 

Section 204A-1 under the Investment Advisers Act requires all investment advisors registered with the SEC to adopt codes of ethics that set forth standards of conduct and require compliance with federal securities laws. 

Three FINRA rules form a regulatory scheme addressing the supervision of firms and their associated persons: 3110, 3120 and 3130.