Candy Palugi

Working with other employees at Oyster that have different expertise allows me to provide better service to my clients, no matter their need.

Candy Palugi is a Financial Services professional with over 20 years of industry experience. Candy has extensive expertise in broker-dealer and RIA regulation, including FINRA, SEC, MSRB, DOL and state agencies. Her expertise also includes firm merger/acquisition process management and controls testing. Prior to working with Oyster, Candy served in various Compliance roles for B. Riley Wealth Management, a dually registered broker-dealer and investment advisory firm. Candy also served as Assistant Vice President, Product Manager and as Registered Options & Securities Futures Principal for Morgan Keegan & Co.

Expertise

• Chief Compliance Officer for Registered Investment Advisors
• Compliance support for Registered Investment Advisors and broker-dealers, including calendar and manual
• Complete compliance program development and maintenance to include calendar, manuals, and risk/control monitoring and testing for broker-dealer and investment advisory firms
• Firm acquisition/merger process management
• Conducts required regulatory filings including ADV, Form BD, Form CRS, 13F, 4530, U4/U5
• WSP development, evaluation and annual testing under Rule 3120
• Investment advisory policies, procedures and internal controls development, evaluation and annual testing under SEC Rule 206(4)-7
• Oversees start-to-finish regulatory examinations by FINRA, SEC, State Examiners
• Regulation Best Interest implementation with Form CRS development
• Development and tailoring of policies, procedures and training for firms to comply with the DOL PTE 2020-02
• Establishes annual employee firm-element training program
• Evaluates and recommends operational process improvements
• Manages customer complaint and arbitration process
• Evaluation and testing of AML/KYC program; third-party examination

Career Highlights

• Deputy Chief Compliance Officer, B Riley Wealth Management
• CCO, Investment Advisory and Compliance Officer, Broker-Dealer Compliance, B. Riley Wealth Management
• Associate Vice President, Product Manager, Wealth Management Services, Morgan
  Keegan & Co.
• Registered Options & Securities Futures Principal, Compliance Administrator, Morgan Keegan & Co.
• Registered Sales assistant, Morgan Stanley
• Assistant Vice President, Branch Operations Manager, Wachovia Securities, LLC
  (Prudential Securities, Inc.)