A Fresh Perspective
Broker-dealer supervisory controls are frequently listed as an important focus of FINRA’s exam priorities. The odds are strong that FINRA will be reviewing these items on your next routine cycle examination. Having an outside resource test your controls provides a fresh perspective of your controls and can identify gaps you may not be aware of.
To ensure compliance with FINRA rule 3120, Oyster will review and test your supervisory controls, procedures and document the review while also recommending ways to enhance your firm’s control environment. If you are a dual-registered firm, we can also perform your Investment Advisor Annual Review, required under SEC Rule 206(4)-7. Our experts will ensure your program is compliant, reflects your firm’s capabilities, leverages technology and has effective, streamlined processes.