RIA Compliance Program Review | Oyster Consulting

FINRA Conference Takeaways: Electronic Communications

August 1, 2023

Several high-profile cases have recently highlighted regulatory interest in digital communications, particularly communications with the public. Panelists at FINRA’s Annual Conference discussed digital communications, including customer disclosures and marketing, off-channel communications, and the use of financial influencers. Disclosures and Marketing Materials In the past, disclosures have been a dry, often unread addition to account documents. […]

Protect Your Vulnerable Customers: Combating Investor Fraud

May 18, 2023

In this week’s podcast, Bob Mooney and Ron Long walk through the issues around protecting elder and vulnerable investors against fraud and abuse, and what financial services firms are doing to combat it.

DOL PTE Podcasts: Implementation and Legal Challenges

May 5, 2023

In Part 1 of 2 Oyster Stew podcast episodes, DOL PTE 2020-02 experts Fred Reish, David Porteous and Joan Neri from the law firm of Faegre Drinker Biddle & Reath will be discussing with Oyster’s Ed Wegener the current state of the industry’s implementation of DOL PTE 2020-02, how different firms are approaching the requirements, […]

Are You Ready To Outsource Your CCO?

April 20, 2023

Whether you have an established business, are starting your firm or just need an outside perspective to see what’s working in your Compliance program and what isn’t, outsourcing the Chief Compliance Officer role is an important decision. Look at your team and determine if they have the experience, knowledge, drive and leadership qualities to be […]

5 Cybersecurity Issues Your Compliance Program Must Address

March 7, 2023

Cyber criminals continue to be very active. Your firm must protect your client, employee and business data and systems from cyberattacks, or face financial, reputational and regulatory damage. To protect your firm, your employees and your clients, it is vital to review and implement the following: Risk Assessments Regular risk assessments identify potential cybersecurity risks […]

The SEC’s 2023 Exam Priorities Are Out – Start Preparing Now

February 21, 2023

This year’s report reflects an increased focus on recently adopted rules, standards of conduct for broker-dealers and RIAs, Reg BI, cryptocurrency, cybersecurity, and emerging markets.

9 Things They Don’t Teach You in Compliance School

January 24, 2023

Oyster Consulting’s consultants identify issues they have learned from their decades of Compliance experience. Here are a few best practices that you probably won’t learn just by getting your license:

Managing the Regulatory Exam Process

January 13, 2023

As part of our series on managing exams and your regulatory relationships, Oyster’s experts provide best practices for managing the process of responding to exam requests.

Digital Asset Innovation Can Survive Strong Governance and Internal Controls

January 10, 2023

As the digital asset industry has evolved, Oyster has been keeping an eye on how the regulatory landscape has been developing with it. The spectacular blow-up of the FTX exchange and statements by its new CEO about “…utter failure(s) of corporate controls…” bring into stark view the significant challenges that the industry continues to face […]

SEC Ups the Ante on Enforcement

January 4, 2023

The SEC has indicated it is working with a sense of urgency to protect investors. Advisors need to be diligent in their compliance program. And have the same sense of urgency regarding compliance.

15 Tips to Create an Effective Compliance Calendar

November 22, 2022

In today’s podcast, Oyster compliance experts, who work a variety of clients and business models, share tips they’ve learned on how to build an effective and efficient compliance calendar.

Don’t Let Holiday Gift Giving Compromise Compliance

November 15, 2022

The holidays are quickly approaching, and now is a good time to ensure your gift and entertainment policies and procedures are up to date.

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