•  Affirmation and fail rates, 
• margin balances, 
• securities lending 
• and his outlook for the future around T+1  

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

If you are a start-up or an established wealth management firm, determining whether you want to manage your own operating platform or outsource it is an important strategic decision.  There are many factors to consider, from cost and available resources to integration and client experience.  

In today’s podcast Oyster experts Dan Garrett and Jay Donlin share their expertise on what goes into establishing and managing your own platform, common pitfalls and using out-of-the-box vendors vs customized builds.  

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

In today’s podcast Oyster experts share their insights into what to think about as you prepare to register an alternative trading system, or ATS.  Jeff Gearhart and Lisa Robinson will discuss challenges and misconceptions, and then Lisa will take us through some highlights of the FINRA application process. We finish up with other things to consider once your ATS is up and running. 

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

After nearly a decade of delays, FINRA is finally enacting amendments to Rule 4210.  The new Covered Agency Transaction requirements became effective  May 22nd, 2024. Oyster’s Jeff Gearhart, Jose Fernandez and  Stephen Mellert,  co-founder of Matrix Application’s margin calculator, share their insights into what the new rule means for market makers, the capital implications, and the importance of automation. 

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

In today’s our experts discuss an area where FINRA spends a lot of resources – Communications and Sales.  We’ll look at challenges our clients are facing and best practices when it comes to:

·       Communications with the Public and Advertising

·       Reg BI and its focus on the Care Obligation

·       Complex Products, from variable annuities to private placements

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

Oyster experts Pete Bowman and Dan Garrett share their insights into what the broker-dealer community is facing when it comes to evolving platforms, changing business models, AI technology, firm acquisitions and the platform consolidations that happen afterward. 

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

Oyster Consulting experts Casey Dougherty, Dan Garrett and Bryan Jacobsen discuss FINRA’s exploration of AI, supervisory obligations  with regard to outsourcing AI technology to firms, and best practices for maintaining compliance and protecting clients. 

Learn more in our previous podcast, part 1 of the series, as our experts share their  insights on AI's impacts on Regulation Best Interest and recordkeeping, with a special focus on how the SEC’s actions around AI will affect compliance teams in the wealth management industry. 

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

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.  

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

 In today's episode of the Oyster Stew podcast, Oyster experts Len Derus and Tim Buckler delve into a crucial topic: Regulatory expectations and observations regarding cyber risk management. Learn more about the responsibilities of Chief Compliance Officers (CCOs) and what the regulatory focus on cybersecurity means for compliance programs.   Join us as we examine the key insights from FINRA's  annual report, new SEC rules, and the implications for wealth management firms.

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

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. 

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting