High Frequency Trading Firm Sanctioned for “Marking the Close”

By: Mike Nolan What is Happening: High frequency trading is being scrutinized more closely than ever. For the first time, the SEC recently sanctioned a New York-based, high frequency trading firm for market manipulation. According to the SEC, for several months in 2009 the firm was using aggressive, rapid-fire trades during the final two minutes… READ MORE

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Elder Financial Abuse: Best Practices to Keep Your Clients Protected

Elder financial abuse is on the rise, and will likely increase as the Boomer generation continues to age. Investors over the age of 50 control 70% of the nation’s wealth, making them ripe for recruiting as clients, and unfortunately, targets. As the number of elder abuse claims grows, the SEC has increased its scrutiny of… READ MORE

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Oyster Consulting (Bermuda) Ltd. Opens New Office

Oyster Consulting (Bermuda) Ltd., celebrated its new office space in Cumberland House on Victoria Street last week. Oyster Consulting (Bermuda) Ltd. will continue to focus on comprehensive compliance, operational and cost-effective consulting to financial services and related firms. “We are looking forward to having room to expand and better serve our clients as we continue… READ MORE

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