Oyster Consulting General Counsel Patrick M. Dennis, Managing Director Hank Sanchez and Associate Director Bill Reilly will be attending the SIFMA Compliance & Legal Annual Seminar March 18-21, 2018 in Orlando, Florida. They will be happy to discuss your firm’s compliance, expert witness and strategic management needs.
Patrick’s career has included extensive work as an attorney with the Securities and Exchange Commission in both the Division of Corporation Finance and the Division of Enforcement, where he handled a variety of cases including complex financial fraud, insider trading, broker-dealer and investment advisory issues and revenue recognition. Patrick also served as General Counsel and Corporate Secretary for Banc One Securities Corporation (Bank One Corporation’s bank brokerage firm), and was a member of the firm’s senior management team. Prior to founding Oyster Consulting, Patrick was a Senior Vice President and Assistant General Counsel to Wachovia Securities, LLC, where he was in charge of all litigation and regulatory matters affecting the retail brokerage firm. He managed securities litigation and arbitration matters for several years until he moved into a Senior Regulatory Counsel position. In this capacity, he handled a number of high profile regulatory matters for the firm including mutual fund breakpoints, mutual fund market timing, inactive fee based accounts and closed end funds. Patrick also served as Senior Regulatory Counsel to Wachovia’s Investment Advisory line of business.
Hank brings over 30 years of securities industry experience in the areas of Legal and Compliance to his role as Managing Director at Oyster. Hank has worked with multiple clients varying in size from national to smaller financial firms. His expertise has been engaged to act as contract Chief Compliance Officer, analyze compliance programs, assess product due diligence, develop a Conflicts of Interest program, testify as an expert witness, act as Independent Consultant on regulatory matters, and consult on a wide variety of issues. Immediately prior to joining Oyster, Hank was with LPL Financial Corporation, where he held Compliance leadership roles as Vice President of Surveillance, Sr. Vice President, and CCO of the nation’s largest independent brokerage firm. For more than 10 years, Hank was a regulator with both the SEC and FINRA. While with the SEC, he was assigned to the SEC’s Division of Market Regulation, working in the Office of Trading Practices, and the Office of Inspections, Options Branch. At FINRA, he served as regional counsel in FINRA Regulation’s Enforcement Department. Hank spent several years in private practice concentrating in broker/dealer compliance matters. He is also a FINRA Arbitrator and frequently speaks at securities industry conferences.
Bill provides essential compliance services to broker-dealers, investment advisers and industry professionals, leveraging his examination expertise and relationships with state and federal regulators and self-regulatory organizations to guide clients through both proactive and reactive regulatory processes and compliance issues. During his more than 30-year career with the Florida Division of Securities and Office of Financial Regulation, Bill was responsible for all aspects of the Broker Dealer and Investment Adviser Examination Program, including, establishing bureau policies and procedures, creating examination modules for use by state examiners nationally, and testifying at administrative hearings. and criminal trials. Bill was also a contributor to the North American Securities Administrators Association (“NASAA”) for over 25 years and was associated with numerous nation-wide projects and committees, most notably as the Chair of the Broker Dealer Operations Project Group.
For more information about how Oyster can help your firm with its regulatory needs, complete our contact form or call us directly at (804) 965-5400 and one of our Relationship Managers will be happy to assist you.