The wealth management industry is shifting towards more data-driven, personalized and secure services.  In this week’s Oyster Stew podcast, Oyster experts  discuss the industry’s relationship with AI today, the role of Artificial Intelligence in Best Interest rules and recordkeeping, and the impacts of the SEC’s AI initiative. Get Oyster's insights into what SEC sweeps and investigations mean for Compliance teams, and what firms should be doing to mitigate the risks that come with adopting AI technology.      Oyster Consulting has the expertise, experience and license ..read more

Our experts and special guest Susan Light,  Partner and Co-chair of Broker Dealer Regulation at Katten Muchin Rosenman LLP, explore the new SEC rules expanding the number of firms required to register with a self-regulatory organization.  They share their experience and insights into the rule changes, including what it means for the firms who must comply, the FINRA registration application process, challenges non-broker dealer entities may experience adapting to FINRA membership, and how FINRA has historically handled rule changes involving new membership.  Oyster Consulting ..read more

 Oyster's seasoned professionals will share their experience, providing invaluable insights into FINRA's AML priorities. From customer due diligence to transaction monitoring, they'll guide you through the key considerations identified by FINRA, empowering you to elevate your AML framework.  They also explore the findings unearthed in FINRA's examinations. Our experts will discuss prevalent issues discovered, offering tangible solutions to address them head-on. Whether it's enhancing customer risk assessments or optimizing Suspicious Activity Reporting (SAR) processes, you'll gain a ..read more

 In this week's Oyster Stew Podcast, our Strategic Planning and Execution experts, Pete Bowman, Pete McAteer, Jay Donlin, Jeff Wilk, and Jeff Gearhart share their perspectives on the four critical areas that are transforming the clearing and custodian industry:  Technology advances and accessibility are reshaping how firms look at clearing and custodian services.  Economics, from interest rates to market fluctuations, emerge as a significant player.  Client Engagement: Firms must determine how best to foster meaningful, compliant and efficient connections in a digital wor ..read more

A lot has happened in the last year when it comes to compliance in the financial services industry.  Today our consultants share their perspectives and what we heard from our clients about the following areas of regulatory focus, including DOL Retrospective Reviews, outside business activity monitoring, private fund rules, direct business, off channel communications, cybersecurity, and FINRA's branch inspection pilot program.  Oyster Consulting has the expertise, experience and licensed professionals you need, all under one roof. Follow us on LinkedIn to take advantage of our indust ..read more

A necessary part of any financial services firm’s business is handling disputes that arise.  Whether it's a complaint from a customer, litigation, regulatory inquiries and investigations, firms need to have a well-thought-out process for handling these disputes.  In today’s podcast, Oyster Consulting experts Ed Wegener, Evan Rosser and John Ivan discuss  ·         how to approach the dispute review ·         how to work with and manage interactions with key stakeholders ·         managing the information ..read more

A necessary part of any financial services firm’s business is handling disputes that arise.  Whether it's a complaint from a customer, litigation, regulatory inquiries and investigations, firms need to have a well-thought-out process for handling these disputes.  In today’s podcast, Oyster Consulting experts Ed Wegener, Evan Rosser and John Ivan discuss  ·         how to approach the dispute review ·         how to work with and manage interactions with key stakeholders ·         managing the information ..read more

Each year the SEC publishes its exam priorities for the coming year. Join us for today’s podcast as Oyster Consulting’s Capital Markets experts Jeff Gearhart, Frank Childress and Jose Fernandez share their thoughts on the priorities related to broker-dealer trading practices including: ·       Rule 15c2-11  ·       Reg SHO ·       Reg ATS and filing requirements Oyster Consulting has the expertise, experience and licensed professionals you need, all under one roof. Follow us on LinkedIn to take advantage of our industry insigh ..read more

Join us for Part 2 of our discussion with Mark Hendrickson from D.A. Davidson Companies about where CAT and CAIS reporting stands today, the pain points firms are facing and what they should be doing to manage the current and upcoming reporting requirements.  Oyster Consulting has the expertise, experience and licensed professionals you need, all under one roof. Follow us on LinkedIn to take advantage of our industry insights or subscribe to our monthly newsletter. Does your firm need help now? Contact us today ..read more

FINRA’s Consolidated Audit Trail, or CAT, continues to evolve from account-centric trade reporting requirements to now including customer-centric CAIS reporting.  Today's podcast guest is Mark Hendricks, head of Trading and Streetside Operations at DA Davidson Companies. Mark is also an Industry Advisory Committee Member representing clearing firms on the US Advisory Operating Committee of the Consolidated Audit Trail.  Join us as Oyster CEO Buddy Doyle and Consultants Jeffrey Gearhart and Ralph Magee chat with Mark about  ·       the current state of CAT/CAI ..read more