
By Buddy Doyle
Subscribe to our original industry insightsIn 2016 FINRA sent a “sweep letter” to selected firms requesting the information about cross-selling incentives for broker-dealer employees. These sweep letters and the information they request are often a roadmap showing how firms should be evaluating their Compliance Programs – in this case, around cross-selling incentives.
Firms should review their Compliance Program, and in this case, with a special emphasis on the firm’s cross-selling practices. Firms should determine:
Ensuring that your compliance program is robust and current with ever-evolving regulatory requirements is an important factor when it comes to protecting your business. Oyster provides comprehensive and targeted compliance program reviews conducted by consultants who have sat in your seat, facing the same obstacles and regulatory scrutiny. Oyster will not only provide your firm with a written report of problem areas, but will also identify best practices.
"*" indicates required fields
Download the Capital Markets Services eBook to learn about CAT Reporting, Trade and Position Reporting, Market Access and Best Execution.
Download