Broker-Dealer Outsourced and Interim CCO

Every firm needs an experienced and diligent CCO to help them navigate the ever-changing regulatory landscape and red tape to keep their business running smoothly and within the lines of the law. Whether on an interim or permanent basis, Oyster has talented consultants with a breadth of industry knowledge and expertise who stand ready to serve as your firm’s CCO. As CCO, Oyster will:

  • Provide all CCO compliance services consistent with the requirements of FINRA and the SEC
  • Conduct reviews, both on-site and remote, including:
    • Risk assessments and testing
    • Trade reviews
    • Suitability and new account reviews
    • Incoming and outgoing correspondence reviews
    • Marketing reviews
    • Remote reviews of compliance programs
  • Provide an Annual Compliance Report under FINRA Rule 3120
  • Provide an Annual Certification Report under Rule 3130
  • Ongoing reporting of any violations and recommendations of remedial actions
  • Provide compliance support with respect to SEC and/or FINRA examinations and regulatory matters
  • Respond to any inspection by or information request from FINRA and the SEC
  • Create and maintain a detailed compliance program
  • Perform testing of compliance policies and procedures
  • Complete Regulatory Filings
  • Communicate Regulatory Updates and Alerts
  • Conduct employee training
  • Perform ongoing consulting

The Oyster Difference

Oyster’s consultants have been CCO’s and Compliance Officers for broker dealers of all shapes and sizes, and when you get the services of one consultant, you get with that the knowledge and experience of them all. Oyster takes a proactive approach to acting as CCO, staying ahead of the regulatory curve and making sure your firm is up to date on all proposed and final regulations, filtering through the regulatory noise to find the news and updates that are relevant to you.