Market Access

Market Access – validate and certify your program with confidence

By partnering with Oyster Consulting, you will know your firm’s Market Access certification addresses and mitigates your potential risks. Oyster Consulting’s industry experts perform extensive reviews of controls, no matter the size of your firm or technology platform.

Be Proactive

Whether you want to ensure that your Market Access program meets regulatory requirements before certifying, or you just want to make sure your program is achieving compliance, regularly reviewing your program can save you time and prevent headaches. If your firm has or provides market access, FINRA will want to see that you have reasonably designed risk-management controls and WSPs to manage the financial, regulatory and other risks associated with this business, including capital limits, governance and post-trade surveillance.

Regulatory Response

Market Access Rule 15c3-5 remains a priority for regulators. FINRA has kept it in their exam priorities letter for years and has initiated enforcement actions against firms struggling to adhere to it. Oyster Consulting was named and served as an Independent Consultant by FINRA to review both large and smaller firms’ Market Access programs as a result of enforcement actions, and assists with regulatory responses to exams.

The Oyster Difference

Our experienced team can design a Market Access program specific to your firm’s unique lines of business. If your program is already in place, we will review your controls to ensure the parameters are properly set and that a process is in place to test and amend those controls. Our team will determine and document that the controls are testing and controlling the appropriate processes, and that they are working as designed. Our review also addresses risks your firm may be taking by relying on controls set by other third parties without your input.

When Oyster Consulting reviews your Market Access program, you can be confident that you have identified and tested the right areas with the right frequency and that you have the proper documentation to prove compliance.


Download the Capital Markets Services eBook to learn about CAT Reporting, Trade and Position Reporting, Market Access and Best Execution.


Our Process

Step 01


We listen to your goals and priorities. We foster significant transformation by encouraging a dialogue that goes both ways.

Step 02


We make a plan and schedule to give your team the best financial service industry experience for your project.

Step 03


Oyster ensures regular communication to oversee and strengthen the financial compliance management project objectives while accomplishing project tasks.

Step 04


Oyster offers financial services regulatory compliance support to meet your goals and expectations.