RIA Compliance Program Review | Oyster Consulting

AML Training: The 5 Pillars of AML Compliance Programs

February 18, 2025

The Importance of AML Compliance in Financial Services In the financial services industry, maintaining an effective Anti-Money Laundering (AML) and financial crime prevention compliance program is essential for regulatory adherence and protecting the integrity of global financial systems. As regulatory bodies like FINRA and the SEC increase scrutiny, broker-dealers and registered investment advisors (RIAs) must […]

Regulatory Exams: Pave the Way For Positive Regulator Relations

January 30, 2025

The Importance of Building Positive Regulator Relationships Building and maintaining strong relationships with regulators is not just beneficial, but essential. Join us for Part 2 as former regulators share their experience and insights into how to establish open, candid communication, and engage regulators on both professional and personal levels. Get tips on setting the right […]

Don’t Miss Investment Advisor Regulatory Filing Deadlines

January 24, 2025

Each year, registered investment advisers (RIAs) face a variety of regulatory filing obligations, including annual amendments to Form ADV, Form PF submissions for eligible firms, and other essential compliance reports. Keeping track of these requirements can be complex due to their volume and the unique demands of each filing. A clear understanding of these deadlines […]

Navigating Regulatory Exams: Insights from Former Regulators

January 14, 2025

Ever wondered how to turn a regulatory exam into a strategic advantage? Join our discussion (Part 1 of 2) with former regulators Patrick Dennis, Evan Rosser, Ed Wegener, Jeffrey Hiller and Bill Reilly as they share their insights into what regulators consider when they come in to do exams, the art of managing document request […]

Compliance Mistakes Every CCO Should Avoid: Practical Tips for Success

December 18, 2024

In Part 2 of our series on common compliance mistakes, Oyster’s regulatory compliance experts tackle the common pitfalls firms encounter with policy updates, procedural documentation, and regulatory filings. Discover practical strategies for aligning your written supervisory procedures with real-world practices, ensuring timely and accurate delivery of disclosures like Form ADV, Form CRS, and Reg BI, […]

Decoding Compliance Risk Concepts: Strategies for Effective Risk Management

December 16, 2024

Types of Compliance Risk Over the last several years, examinations have evolved to become more risk-based and data driven. Both FINRA and the SEC have indicated they use risk-based assessments to determine the scope and areas they will examine. To prepare for risk-based exams and regulatory focus, firms need strategies for developing and maintaining a […]

Common Marketing and Communications Compliance Mistakes

December 5, 2024

Navigating Common Compliance Pitfalls Communication missteps, non-compliant marketing strategies and outdated procedures are all common pitfalls that can lead to significant risk for Registered Investment Advisors and Broker-Dealers. Listen to Part 1 of our two-part series on Common Compliance Mistakes as Oyster’s regulatory compliance experts Sarah Sutton, Candy Palugi and Dean Pelos uncover how to […]

Chief Compliance Officers: How Your CCO Saves the Day (and Your Firm)

November 19, 2024

In the complex world of broker-dealers and Registered Investment Advisors (RIAs), the role of the Chief Compliance Officer (CCO) is crucial to maintaining the integrity and success of the firm. The CCO’s responsibilities are broad, ranging from implementing compliance programs and training to collaborating with other management to foster a culture of compliance. It is […]

Davenport & Company LLC Implements Oyster Solutions, Innovative Trade Supervision Software

October 8, 2024

Firm implements Oyster Solutions GRC software to stay ahead of increasing surveillance, compliance demands Davenport & Company LLC, a leading financial firm offering a range of wealth management an financial advisory services for individuals, corporations, institutions, and municipalities, has implemented Oyster Solutions’ trade surveillance and monitoring tool. Oyster Solutions Governance Risk and Compliance software provide […]

DOL and Rollovers: A Long and Winding Road

October 3, 2024

Reprinted with permission from Market Solutions, Vol. 33, No. 3, September 2024. Market Solutions is a newsletter provided to its members by the Financial Markets Association. DOL and Rollovers There have been a lot of twists and turns in the Department of Labor’s efforts to define and regulate fiduciary investment advice provided to retirement investors, […]

2024 NASAA Conference: Regulatory Initiatives and Updates

October 1, 2024

NASAA Conference Highlights During the September 2024 NASAA conference it was evident that NASAA members continued to work with industry groups and other regulators to advance regulation of the securities markets and their core mission of investor protection. New initiatives were discussed and updates were provided on ongoing matters from remote supervisory locations and Form […]

Starting Your RIA – Registration and Compliance Requirements

August 7, 2024

Embarking on the path to becoming an RIA is an exhilarating time filled with opportunities and challenges, and our experts are here to guide you every step of the way. In Part 2 of our 2024 Starting Your RIA podcast series, we’ll dive into the registration process and essential compliance requirements: By addressing these […]

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Candy Palugi